As per the latest USDA Quarterly grain stock report, US Soybean stocks were reported at a five year high of 197 million bushels for old crop stored in all positions on 1 September 2016. Of which on farms stocks totaled at 41.6 million bushels, down 16% from a year ago. Off farm stocks totaled at 155 million bushels, down 10% from September 2015.
Information source: www.skymetweather.com
