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/
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.
Date run: 4/18/2014