March 7, 2007

 

Argentina's January grain stocks at 14.23 million tonnes

 

 

Stocks of major grains and oilseeds in Argentina totalled 14.23 million tonnes as of Jan 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 down 1.9 percent from 14.51 million tonnes at the same time last year.

 

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

 

Stocks were down 15.3 percent from December, when 16.8 million tonnes of grains and oilseeds were held.

 

Argentina's grain storage capacity in January totalled 48.8 million tonnes while utilised capacity was 14.23 million tonnes, or 29.16 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 Jan 31, 2007, Dec 31, 2006, and Jan 31, 2006, 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

01/31/07     2,556,288

12/31/06     4,108,183

01/31/06     2,182,176

 

Corn

01/31/07       847,157

12/31/06     1,116,200

01/31/06     1,374,006

 

Wheat

01/31/07     8,612,372

12/31/06     9,401,101

01/31/06     8,726,111

 

Sunseed

01/31/07       569,969

12/31/06       386,317

01/31/06       956,692