Soyabean inventories throughout the US were estimated at 3.74 billion bushels as of 1 December 2018, an 18% YoY increase, according to a US Department of Agriculture report. Of the total, 1.94 billion bushels were stored on farms, an increase of 30% from last year, while off-farm stocks rose 7% to 12 billion bushels. From September to November 2018, indicated disappearance for the oilseed was down 20% to 1.25 billion bushels. Additionally, as of 1 December 2018, corn stocks fell by 5% to 1.8 billion bushels, while wheat storage grew 7% to 2 billion bushels.
Soyabean inventories throughout the US were estimated at 3.74 billion bushels as of 1 December 2018, an 18% YoY increase, according to a US Department of Agriculture report. Of the total, 1.94 billion bushels were stored on farms, an increase of 30% from last year, while off-farm stocks rose 7% to 1.8 billion bushels. From September to November 2018, indicated disappearance for the oilseed was down 20% to 1.25 billion bushels. Additionally, as of 1 December 2018, corn stocks fell by 5% to 12 billion bushels, while wheat storage grew 7% to 2 billion bushels.