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Bean stockpile more than doubles

Bean stockpile more than doubles

According to the U.S. Department of Agriculture’s (USDA) Sept. 30 grain stock report, old crop soybeans stored in all positions on Sept. 1 totaled 913 million bushels, up 108% from the same date last year.

Soybean stocks stored on farms totaled 265 million bushels, up 162% from a year ago.

The USDA also noted old crop corn stocks in all positions on Sept. 1 totaled 2.11 billion bushels, down 1% from Sept. 1, 2018.

Of the total stocks, 753 million bushels are stored on farms, up 22% from a year...




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