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 – Mar ’20

  • March 31, 2020
  • by Belinda Przybylski
Corn – Mar 1st Stocks Decline 7.7% From the Previous Year, Finish Below Expectations Corn stored in all positions as of March 1st, 2020 totaled 7.95 billion bushels, down 7.7% from the previous year and reaching a four year seasonal low level. Corn stocks finished 2.1% below average analyst estimates of 8.13 billion bushels. Stocks indicated disappearance of 3.45 billion bushels from the previous quarter, 3.8% greater than the drawdown experienced during the same period last year. Mar 1st corn stocks were most significant within Iowa, followed by Illinois and Nebraska. The aforementioned states combined to account for nearly one half of the total U.S. corn stocks. The most significant YOY decline in Mar 1st corn stocks was experienced throughout Illinois, followed by Indiana and Minnesota. Missouri and North Dakota experienced the largest YOY increases in corn stocks. Soybeans – Mar 1st Stocks Decline 17.4% From the Previous Year but Finish Above Expectations Soybeans stored in all positions as of March 1st, 2020 totaled 2.25 billion bushels, down 17.4% from the previous year but remaining at the second highest seasonal level on record. Soybean stocks finished 0.5% above average analyst estimates of 2.24 million bushels. Stocks indicated disappearance of 1.00 billion bushels from the previous quarter, 1.4% below the drawdown experienced during the same period last year. Mar 1st soybean stocks were most significant within Iowa, followed by Illinois and Minnesota. The aforementioned states combined to account for over 40% of the total U.S. soybean stocks. The most significant YOY decline in Mar 1st soybean stocks was experienced throughout Illinois, followed by South Dakota and Minnesota. Washington experienced the largest YOY increase in soybean stocks. Wheat – Mar 1st Stocks Decline 11.3% From the Previous Year, Finish Below Expectations Wheat stored in all positions as of March 1st, 2020 totaled 1.41 billion bushels, finishing 11.3% below the previous year and reaching a four year seasonal low level. Wheat stocks finished 1.4% below average analyst estimates of 1.43 billion bushels. Stocks indicated disappearance of 428 million bushels from the previous quarter, 2.9% greater than the drawdown experienced during the same period last year. Mar 1st wheat stocks were most significant within Kansas, followed by North Dakota and Montana. The aforementioned states combined to account for 45% of the total U.S. wheat stocks. The most significant YOY decline in Mar 1st wheat stocks was experienced throughout Kansas, followed by North Dakota and Texas. Idaho and Oregon experienced the largest YOY increases in wheat stocks.  
Annual U.S. Prospective Plantings Update – Mar ’20
U.S. Corn & Soybeans Exports Update – Apr ’20
Dairy
Ethanol
Livestock
Grain

Recent Grain & Oilseeds Research

  • Soybean Complex Crushing & Stocks Update – Mar ’21
  • Soybean Complex Price & Value Update – Mar ’21
  • Atten Babler Corn & Soybeans FX Indices – Mar ’21
  • 2021 Agricultural Outlook Update – Feb ’21
  • Grain & Oilseeds WASDE Update – Feb ’21
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 2021 Atten Babler Commodities LLC