| FOR IMMEDIATE RELEASE September 30, 1999 |
FOR MORE INFORMATION, CONTACT: Garry Kepley or Rick Kestle - 800/622-9865 http://www.agr.state.il.us/agstats.htm |
| SPRINGFIELD, IL -- The Illinois Agricultural Statistics Service
today released the USDA's September Grain Stocks Report. State and
national highlights of the report include: Corn stocks in all positions on September 1, 1999 totaled 246.2 million bushels. This was 33 percent more than a year earlier and is the highest September 1 level since 1993 when 339.1 million bushels were stored. Off-farm stocks, at 161.2 million bushels, accounted for 65 percent of the total stocks. The indicated disappearance from all positions for the June-August quarter was 328 million bushels, two percent more than a year ago. Stocks of soybeans on September 1, 1999 totaled 50.3 million bushels, 54 percent more than a year earlier. Off-farm stocks, at 31.3 million bushels, accounted for 62 percent of the total stocks. The indicated disappearance from all positions for the June-August quarter was 99.1 million bushels, the largest disappearance on record for this quarter. Old crop corn stocks in all positions on September 1, 1999 totaled 1.80 billion bushels, up 37 percent from September 1, 1998. Of the total stocks, 807 million bushels were stored on farms, up 26 percent from a year ago. Off-farm stocks, at 989 million bushels, were up 48 percent from a year ago. The June - August 1999 indicated disappearance is 1.82 billion bushels, five percent above the disappearance of 1.73 billion bushels during the same period a year earlier. Old crop soybeans stored in all positions on September 1, 1999 totaled 348 million bushels, up 74 percent from September 1, 1998. On-farm stocks totaled 145 million bushels, up 72 percent from last September. Off-farm stocks at 203 million bushels, are 76 percent above the previous year. Indicated disappearance for the September 1998 - August 1999 marketing year totaled 2.60 billion bushels, one percent below disappearance during the comparable period a year earlier. # # # # |
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