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 ’21

  • January 12, 2021
  • by Belinda Przybylski
Corn – Dec 1st Stocks Reach a Five Year Low Seasonal Level, Finish Below Expectations Corn stored in all positions as of December 1st, 2020 totaled 11.32 billion bushels, down 0.05% from the previous year and reaching a five year low seasonal level. Corn stocks finished 5.3% below average analyst estimates of 11.95 billion bushels. Stocks increased seasonally by 9.40 billion bushels from the previous quarter, 3.2% above the build experienced during the same period last year. Dec 1st corn stocks were most significant within Iowa, followed closely by Illinois. Iowa and Illinois combined to account for just under one third of the total U.S. corn stocks. The most significant YOY declines in Dec 1st corn stocks were experienced throughout Iowa, Nebraska and North Dakota. Minnesota and South Dakota experienced the largest YOY increases in corn stocks. Soybeans – Dec 1st Stocks Reach a Four Year Low Seasonal Level, Remain Slightly Above Expectations Soybeans stored in all positions as of December 1st, 2020 totaled 2.93 billion bushels, down 9.8% from the previous year and reaching a four year low seasonal level. Soybean stocks remained 0.5% above average analyst estimates of 2.92 billion bushels, however. Stocks increased seasonally by 2.41 billion bushels from the previous quarter, 2.8% 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 over 40% of the total U.S. soybean stocks. The most significant YOY declines in Dec 1st soybean stocks were experienced throughout Iowa, Nebraska and Illinois. South Dakota experienced the largest YOY increase in soybean stocks. Wheat – Dec 1st Stocks Reach a Six Year Low Seasonal Level, Finish Below Expectations Wheat stored in all positions as of December 1st, 2020 totaled 1.67 billion bushels, finishing 9.1% below the previous year and reaching a six year low seasonal level. Wheat stocks finished 1.3% below average analyst estimates of 1.70 billion bushels. Stocks indicated disappearance of 484 million bushels from the previous quarter, 4.1% below the drawdown experienced during the same period last year. Dec 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 declines in Dec 1st wheat stocks were experienced throughout Kansas, Colorado and North Dakota. Washington experienced the largest YOY increase in wheat stocks.  
U.S. Winter Wheat Seedings Update – Jan ’21
Dairy
Ethanol
Livestock
Grain

Recent Grain & Oilseeds Research

  • Quarterly Grain Stocks Update – Jan ’21
  • U.S. Winter Wheat Seedings Update – Jan ’21
  • Grain & Oilseeds WASDE Update – Jan ’21
  • U.S. Soybean Meal & Oil Exports Update – Jan ’21
  • U.S. Corn & Soybeans Exports Update – Jan ’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