January 26, 2007

 

Argentina's December grain stocks at 16.8 million tonnes

 

 

Stocks of major grains and oilseeds in Argentina totalled 16.8 million tonnes as of Dec 31, according to the latest provisional data from the National Office for the Control of Agricultural Trade, Oncca.

 

Stocks of corn, soybeans, sunseed, wheat and 59 "other crops" are up 5.7 percent from 15.9 million tonnes at the same time last year.

 

The "other crops" category includes goods like peanuts and rice, etc.

 

Stocks were up 35 percent from November, when 12.4 million tonnes of grains and oilseeds were held.

 

Argentina's grain storage capacity in November totalled 48.2 million tonnes while utilized capacity was 16.8 million tonnes, or 35 percent of capacity. The country has 3,033 storage plants, from small silos to large industrial storage facilities.

 

The following information, which is for stocks in tonnes for major grains and oilseeds as of Dec 31, 2006, Nov 30, 2006 and Dec 31, 2005 does not include grains and oilseeds held privately by farmers.

 

The information refers to the total amount of stocks held by millers and crushers, as well as grains stored in silos.

 

 

Total

 

Soybeans

12/31/06     4,108,183

11/30/06     5,161,206

12/31/05     4,297,484

 

Corn

12/31/06     1,116,200

11/30/06     1,753,561

12/31/05     2,320,845

 

Wheat

12/31/06     9,401,101

11/30/06     4,449,692

12/31/05     7,465,702

 

Sunseed

12/31/06       386,317

11/30/06       201,369

12/31/05       431,352