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 – Jan ’22

  • January 13, 2022January 13, 2022
  • by Belinda Przybylski

Corn – Dec 1st Stocks Rebound to a Three Year High Seasonal Level, Finish Slightly Above Expectations

Corn stored in all positions as of December 1st, 2021 totaled 11.65 billion bushels, up 3.1% from the previous year and reaching a three year high seasonal level. Corn stocks finished 0.4% above average analyst estimates of 11.60 billion bushels. Stocks increased seasonally by 10.41 billion bushels from the previous quarter, 11.1% above the build experienced during the same period last year.

Dec 1st corn stocks were most significant within Iowa, followed by Illinois and Nebraska. The aforementioned states combined to account for nearly 45% of the total U.S. corn stocks.

The most significant YOY increase in Dec 1st corn stocks was experienced throughout Iowa, followed by increases experienced throughout Nebraska and Ohio. Minnesota corn stocks declined most significantly from previous year levels. Iowa accounted for over half of the total YOY increase in corn stocks.

Soybeans – Dec 1st Stocks Rebound From the Previous Year, Finish Slightly Above Expectations

Soybeans stored in all positions as of December 1st, 2021 totaled 3.15 billion bushels, up 6.9% from the previous year. Soybean stocks finished 0.6% above average analyst estimates of 3.13 billion bushels. Stocks increased seasonally by 2.89 billion bushels from the previous quarter, 19.4% above the build experienced during the same period last year.

Dec 1st soybean stocks were most significant within Illinois, followed by Iowa and Minnesota. The aforementioned states combined to account for nearly 45% of the total U.S. soybean stocks.

The most significant YOY increase in Dec 1st soybean stocks was experienced throughout Iowa, followed by increases experienced throughout Illinois and Indiana. North Dakota soybean stocks declined most significantly from previous year levels. Iowa accounted for over 60% of the total YOY increase in soybean stocks.

Wheat – Dec 1st Stocks Reach a 14 Year Low Seasonal Level, Finish Below Expectations

Wheat stored in all positions as of December 1st, 2021 totaled 1.39 billion bushels, finishing 18.4% below the previous year and reaching a 14 year low seasonal level. Wheat stocks finished 2.2% below average analyst estimates of 1.42 billion bushels. Stocks indicated disappearance of 390 million bushels from the previous quarter, 14.3% below the drawdown experienced during the same period last year.

Dec 1st wheat stocks were most significant within Kansas, followed by North Dakota and Oklahoma. The aforementioned states combined to account for over 45% of the total U.S. wheat stocks.

The most significant YOY decline in Dec 1st wheat stocks was experienced throughout Montana, followed by declines experienced throughout Washington and North Dakota. Kansas wheat stocks increased most significantly from previous year levels.

Grain & Oilseeds WASDE Update – Jan ’22
U.S. Winter Wheat Seedings Update – Jan ’22
Dairy
Ethanol
Livestock
Grain

Recent Grain & Oilseeds Research

  • Crop Progress Update – 08/07/22
  • Crop Progress Update – 07/29/22
  • USDA Ukraine Wheat Harvest Update
  • U.S. Acreage Update – Jun ’22
  • Quarterly Grain Stocks 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 2022 Atten Babler Commodities LLC