January 24, 2005

 

 

Argentina's nov grain stocks down 14% from Yr ago

 

Stocks of major grains and oilseeds in Argentina totaled 8,792,401 metric tons in November, the Agriculture Secretariat said Friday.

 

This puts stocks of corn, soybeans, sunseed and wheat down about 14% from 10,229,866 tons a year earlier.

 

The following information, which is for stocks in tons for major grains and oilseeds through Nov. 30, 2004, Oct. 31, 2004, and Nov. 30, 2003, does not include grains and oilseeds held privately by farmers.

 

The Secretariat this month again changed the way it collects, analyzes and publishes grain stocks data. The information below refers to the total amount of stocks, and shows stocks held separately by millers and crushers, as well as grains those stored in silos.

 

                 Total        Industry       Silos

 

Soybeans

11/30/04       4,009,345      1,645,576     2,138,760

10/31/04       5,091,977      1,824,728     2,981,521

11/30/03       4,057,846      1,566,331       917,936

 

Corn

11/30/04       2,173,011        272,328     1,544,981

10/31/04       3,031,035        309,719     2,153,670

11/30/03       2,834,372        223,623     1,177,265

 

Wheat*

11/30/04       2,444,220        588,411     1,435,213

10/31/04       1,860,534        528,027       939,557

11/30/03       3,073,593          N/A       1,116,914

 

Sunseed

11/30/04         165,825         65,245        91,986

10/31/04         320,414        111,637       198,250

11/30/03         264,055        107,635       123,738

 

* This includes stocks of 2003-04 and 2004-05 wheat.