Below is a brief summary of the USDA’s quarterly grain stocks report. You can read the full report here.
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| Item | 9/1/12 | % Change From 2011 | Pre-Report Estimate |
|---|---|---|---|
| Old Crop Corn | 988 mbu | DOWN 12% | 1.126 bbu |
| Old Crop Soybeans | 169 mbu | DOWN 21% | 132 mbu |
| All Wheat | 2.10 bbu | DOWN 2% | 2.28 bbu |
| Iowa | 9/1/12 Stocks | % Change from 2011 |
|---|---|---|
| Corn | 226 mbu | DOWN 16% |
| Soybeans | 38.8 mbu | DOWN 18% |
