| | Table 17--Wheat: Government and private stocks (million bushels) | | | | | | | | | | Mkt year and qtr 1/ | Beginning stocks | Total CCC inventory 2/ | Outstanding CCC loans 3/ | Unencumbered stocks 4/ | | 1999/00 | Q1 Jun-Aug | 945.9 | 127.9 | 140.0 | 678.0 | | Q2 Sep-Nov | 2,445.0 | 132.2 | 101.4 | 2,211.4 | | Q3 Dec-Feb | 1,883.7 | 115.0 | 117.4 | 1,651.3 | | Q4 Mar-May | 1,416.5 | 108.7 | 105.0 | 1,202.8 | | 2000/01 | Q1 Jun-Aug | 949.7 | 103.9 | 62.0 | 783.8 | | Q2 Sep-Nov | 2,352.7 | 108.9 | 117.6 | 2,126.2 | | Q3 Dec-Feb | 1,806.1 | 102.9 | 97.4 | 1,605.8 | | Q4 Mar-May | 1,338.4 | 104.4 | 77.9 | 1,156.1 | | 2001/02 | Q1 Jun-Aug | 876.2 | 96.9 | 42.2 | 737.1 | | Q2 Sep-Nov | 2,155.8 | 97.7 | 109.8 | 1,948.3 | | Q3 Dec-Feb | 1,623.5 | 96.9 | 128.6 | 1,398.0 | | Q4 Mar-May | 1,209.8 | 96.5 | 125.3 | 988.0 | | 2002/03 | Q1 Jun-Aug | 777.1 | 99.0 | 77.5 | 600.6 | | Q2 Sep-Nov | 1,749.0 | 91.4 | 59.7 | 1,597.9 | | Q3 Dec-Feb | 1,319.9 | 80.9 | 62.7 | 1,176.3 | | Q4 Mar-May | 906.6 | 74.1 | 64.5 | 768.0 | | 2003/04 | Q1 Jun-Aug | 491.4 | 66.4 | 55.2 | 369.8 | | Q2 Sep-Nov | 2,039.0 | 60.3 | 110.2 | 1,868.5 | | Q3 Dec-Feb | 1,520.3 | 60.4 | 125.1 | 1,334.8 | | Q4 Mar-May | 1,020.6 | 60.0 | 89.4 | 871.2 | | 2004/05 | Q1 Jun-Aug | 546.4 | 60.9 | 36.6 | 448.9 | | Q2 Sep-Nov | 1,938.4 | 61.9 | 85.9 | 1,790.6 | | Q3 Dec-Feb | 1,430.3 | 61.7 | 117.9 | 1,250.7 | | Q4 Mar-May | 984.4 | 55.9 | 99.8 | 828.7 | | 2005/06 | Q1 Jun-Aug | 540.1 | 54.5 | 58.2 | 427.4 | | Q2 Sep-Nov | 1,923.3 | 48.3 | 90.4 | 1,784.6 | | Q3 Dec-Feb | 1,429.4 | 44.1 | 120.0 | 1,265.3 |
| | 1/ June-May. Latest data may be preliminary or projected.
2/ Stocks owned by USDA's Commodity Credit Corporation (CCC). Most CCC-owned inventory is in the Bill Emerson Humanitarian Trust.
3/ Stocks under 9-month nonrecourse loans.
4/ Total stocks minus CCC-owned inventory and outstanding CCC loans.
Source: USDA, Farm Service Agency, CCC Inventory; and USDA, World Agricultural Outlook Board, World Agricultural Supply and Demand Estimates. |
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