December 6, 2006

 

Argentina's October grain stocks at 13.78 million tonnes

 

 

Stocks of major grains and oilseeds in Argentina totaled 13.78 million tonnes as of Oct 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 from 15.1 million tonnes at the same time last year.

 

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

 

Stocks were down 20 percent from September, when 17.22 million tonnes of grains and oilseeds were held.

 

Argentina's grain storage capacity in October totalled 48.6 million tonnes while utilised capacity was 13.8 million tonnes, or 28 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 Oct 31, 2006, Sep 30, 2006, and Oct 31, 2005. It 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

10/31/06     7,278,762

09/30/06     8,057,515

10/31/05     7,106,826

 

Corn

10/31/06     2,329,684

09/30/06     3,671,501

10/31/05     3,625,833

 

Wheat

10/31/06     3,091,507

09/30/06     3,765,780

10/31/05     2,367,507