Northwest Wheat Stocks In Storage Down 32%

All wheat stocks stored in Northwest decreased 32% in the past year.  As of June 1^st, wheat stored in all positions in Washington hit 44.1 million bushels, that’s down from last year’s 65 million bushels.  NASS said off stocks were down 30% in the past year, while on-farm stocks were off 63% compared to June 1^st 2017.  In Idaho, all positions totaled 18.5 million bushels.  Off-farm stocks were down 38%, while on-farm stocks were down 70% compared to the previous year.  In Oregon, wheat stored in all positions totaled 17.0 million bushels, down from 17.2 million bushels a year ago.  Off-farm stocks were up 1%, while on-farm stocks were down 20% compared to the previous year.

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