November 2, 2006

 

Argentina's September grain stocks at 17.2 million tonnes

 

 

Stocks of major grains and oilseeds in Argentina totalled 17.22 million tonnes as of Sep 30, 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 from 17.39 million tonnes at the same time last year.

 

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

 

Stocks were down 16.6 percent from last month, when 20.64 million tonnes of grains and oilseeds were held.

 

Argentina's grain storage capacity in September totalled 48.8 million tonnes while utilised capacity was 19.8 million tonnes, or 40.65 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 Sep 30, 2006, Aug 31, 2006 and Sep 30, 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

 

Soybean

9/30/06     8,057,515

8/31/06    10,936,021

9/30/05     8,453,746

 

Corn

9/30/06     3,671,501

8/31/06     3,766,963

9/30/05     4,093,279

 

Wheat

9/30/06     3,765,780

8/31/06     3,960,990

9/30/05     2,584,459

 

Sunseed

9/30/06       527,211

8/31/06       691,897

9/30/05       815,136