Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

Quarterly Grain Stocks Update – Sep ’20

  • September 30, 2020
  • by Belinda Przybylski
Corn – Sep 1st Stocks Decline 10.2% From the Previous Year, Finish Below Expectations Corn stored in all positions as of September 1st, 2020 totaled 2.00 billion bushels, down 10.2% from the previous year and reaching a four year seasonal low level. Corn stocks finished 11.9% below average analyst estimates of 2.27 billion bushels. Stocks indicated disappearance of 3.02 billion bushels from the previous quarter, 1.4% above the drawdown experienced during the same period last year. Sep 1st corn stocks were most significant within Iowa, followed by Illinois and Minnesota. The aforementioned states combined to account for nearly half of the total U.S. corn stocks. The most significant YOY decline in Sep 1st corn stocks was experienced throughout Illinois. The YOY decline in Illinois corn stocks accounted for 80% of the total decline experienced nationally. North Dakota experienced the largest YOY increase in corn stocks. Soybeans – Sep 1st Stocks Decline 42.4% From the Previous Year, Finish Below Expectations Soybeans stored in all positions as of September 1st, 2020 totaled 523 million bushels, down 42.4% from the previous year but remaining at the second highest seasonal level experienced throughout the past 13 years. Soybean stocks finished 9.4% below average analyst estimates of 578 million bushels. Stocks indicated disappearance of 858 million bushels from the previous quarter, 1.8% below the drawdown experienced during the same period last year. Sep 1st soybean stocks were most significant within Iowa, followed by Illinois and Nebraska. The aforementioned states combined to account for over 40% of the total U.S. soybean stocks. The most significant YOY decline in Sep 1st soybean stocks was experienced throughout Illinois, followed by Iowa and Minnesota. Wheat – Sep 1st Stocks Decline 8.0% From the Previous Year, Finish Below Expectations Wheat stored in all positions as of September 1st, 2020 totaled 2.16 billion bushels, finishing 8.0% below the previous year and reaching a five year seasonal low level. Wheat stocks finished 3.6% below average analyst estimates of 2.24 billion bushels. Stocks increased seasonally by 1.13 billion bushels from the previous quarter, 10.7% below the build experienced during the same period last year. Sep 1st wheat stocks were most significant within Kansas, followed by North Dakota and Montana. The aforementioned states combined to account for over 40% of the total U.S. wheat stocks. The most significant YOY decline in Sep 1st wheat stocks was experienced throughout Kansas, followed by Oklahoma and North Dakota. Washington experienced the largest YOY increase in wheat stocks.
Crop Progress Update – 9/28/20
Soybean Complex Price & Value Update – Oct ’20
Dairy
Ethanol
Livestock
Grain

Recent Grain & Oilseeds Research

  • USDA Weekly Crop Export Sales – October 20th
  • Crop Progress Update – 08/07/22
  • Crop Progress Update – 07/29/22
  • USDA Ukraine Wheat Harvest Update
  • U.S. Acreage Update – Jun ’22
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Futures, options and swaps brokerage is provided through Atten Babler Commodities LLC. The risk of loss in trading commodity futures and options and swaps is substantial. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Before trading, you should carefully consider your financial position to determine if futures, options or swaps trading is appropriate. When trading futures, options or swaps, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. Atten Babler Commodities LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to buy futures or options or swaps.
© Copyright 2023 Atten Babler Commodities LLC