Corn stocks in all positions on March 1, 2016 totaled 7.81 billion bushels, up 1% from March 1, 2015. Of the total stocks, 4.34 billion bushels were stored on farms, down 1% from a year earlier. Off-farm stocks, at 3.47 billion bushels, are up 3% from a year ago. The December 2015 - February 2016 indicated disappearance is 3.43 billion bushels, compared with 3.46 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2016 totaled 1.53 billion bushels, up 15% from March 1, 2015. Soybean stocks stored on farms are estimated at 728 million bushels, up 19% from a year ago. Off-farm stocks, at 803 million bushels, are up 12% from last March. Indicated disappearance for the December 2015 - February 2016 quarter totaled 1.18 billion bushels, down 1% from the same period a year earlier.

All wheat stored in all positions on March 1, 2016 totaled 1.37 billion bushels, up 20% from a year ago. On-farm stocks are estimated at 320 million bushels, up 15% from last March. Off-farm stocks, at 1.05 billion bushels, are up 22% from a year ago. The December 2015 - February 2016 indicated disappearance is 375 million bushels, 4% below the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2016 totaled 41.5 million bushels, up 10% from a year ago. On-farm stocks, at 16.7 million bushels, are up 3% from March 1, 2015. Off-farm stocks totaled 24.8 million bushels, up 16% from a year ago. The December 2015 - February 2016 indicated disappearance of 18.8 million bushels is 194% above the same period a year earlier.

Barley stocks in all positions on March 1, 2016 totaled 137 million bushels, up 16% from March 1, 2015. On-farm stocks are estimated at 57.6 million bushels, 37% above a year ago. Off-farm stocks, at 79.5 million bushels, are 4% above March 2015. The December 2015 - February 2016 indicated disappearance totaled 43.4 million bushels, 15% above the same period a year earlier.

Oats stored in all positions on March 1, 2016 totaled 75.3 million bushels, 27% above the stocks on March 1, 2015. Of the total stocks on hand, 26.8 million bushels were stored on farms, up 29% from a year ago. Off-farm stocks totaled 48.5 million bushels, up 26% from the previous year. Indicated disappearance during December 2015 - February 2016 totaled 7.57 million bushels, slightly above the same period a year ago.

Grain sorghum stored in all positions on March 1, 2016 totaled 201 million bushels, up 68% from a year ago. On-farm stocks, at 24.8 million bushels, are up 175% from last March. Off-farm stocks, at 176 million bushels, are up 59% from a year earlier. The December 2015 - February 2016 indicated disappearance from all positions is 121 million bushels, 18% above the same period last year.

Source: USDA, Grain Stocks, March 2016