ia-press-release Grain Stocks September 30, 2005 National Agricultural Statistics Service United States Department of Agriculture Washington, DC 20250 Ag Statistics Hotline: 1-800-727-9540 www.usda.gov/nass/ Media Contact: Iowa Field Office 515-284-4340 Email: nass-ia@nass.usda.gov (to unsubscribe go to www.nass.usda.gov/unsub-form.htm) Stocks of Grain Iowa: The September 1 on and off farm stocks of corn were 222 percent more than last year, and soybeans were 189 percent more than last year. United States: Corn stocks in all positions on September 1, 2005 totaled 2.11 billion bushels, up 120 percent from September 1, 2004. This is the highest September 1 stocks level since 1993. Of the total stocks, 821 million bushels are stored on farms, up 87 percent from a year earlier. Off-farm stocks, at 1.29 billion bushels, are up 148 percent from a year ago to the highest September 1 level since 1988. The June - August 2005 indicated disappearance is 2.21 billion bushels, compared with 2.01 billion bushels during the same period last year. Old crop soybeans stored in all positions on September 1, 2005 totaled 256 million bushels, up 127 percent from September 1, 2004. Soybean stocks stored on farms totaled 99.7 million bushels, up 239 percent from a year ago. Off- farm stocks are up 88 percent from September 1, 2004, to 156 million bushels. Indicated disappearance for June - August 2005 totaled 444 million bushels, up 49 percent from the same period a year earlier. All wheat stored in all positions on September 1, 2005 totaled 1.92 billion bushels, down 1 percent from a year ago. On-farm stocks are estimated at 719 million bushels, down 9 percent from the previous year. Off-farm stocks, at 1.20 billion bushels, are up 4 percent from a year ago. The June - August 2005 indicated disappearance is 720 million bushels, down 6 percent from the same period a year earlier. Oats stored in all positions on September 1, 2005 totaled 113 million bushels, 2 percent below the stocks on September 1, 2004. Of the total stocks on hand, 71.2 million bushels are stored on farms, 4 percent lower than a year ago. Off-farm stocks totaled 41.8 million bushels, 1 percent above the previous year. Indicated disappearance for June - August 2005 totaled 59.9 million bushels, compared with 64.8 million bushels during the same period a year ago. Stocks of Grain, September 1, Iowa and United States -------------------------------------------------------------------------------------- : Iowa : United States :------------------------------------------------------------------- Position and Grain:September 1:September 1:'05 as % :September 1:September 1:'05 as % : 2004 : 2005 : of '04 : 2004 : 2005 : of '04 -------------------------------------------------------------------------------------- : -- 1,000 Bushels -- Percent --- 1,000 Bushels --- Percent : On-Farm Stocks : Corn : 91,000 180,000 198 438,000 820,500 187 Soybeans : 7,900 22,500 285 29,400 99,700 339 Oats : 3,900 4,000 103 74,300 71,200 96 Wheat : * * * 790,600 719,360 91 Off-Farm Stocks 1/: Corn : 131,471 313,873 239 520,091 1,291,734 248 Soybeans : 22,691 35,363 156 83,014 155,807 188 Oats : 4,771 5,053 106 41,458 41,843 101 Wheat : * * * 1,147,807 1,199,274 104 Total Stocks : Corn : 222,471 493,873 222 958,091 2,112,234 220 Soybeans : 30,591 57,863 189 112,414 255,507 227 Oats : 8,671 9,053 104 115,758 113,043 98 Wheat : * * * 1,938,407 1,918,634 99 -------------------------------------------------------------------------------------- 1/ Includes stocks at mills, elevators, warehouses, terminals, and processors. * Data not published to avoid disclosure of individual operations. -#- Find agricultural statistics for your county, State, and the Nation at www.usda.gov/nass/.