Corn Stocks Down 34 Percent from September 2006
   Soybean Stocks Up 27 Percent
 All Wheat Stocks Down 2 Percent

Corn stocks in all positions on September 1, 2007 totaled
1.30 billion bushels, down 34 percent from September 1, 2006.  Of
the total stocks, 460 million bushels are stored on farms, down
39 percent from a year earlier.  Off-farm stocks, at 844 million
bushels, are down 31 percent from a year ago.  The
June - August 2007 indicated disappearance is 2.23 billion bushels,
compared with 2.39 billion bushels during the same period last year

Old crop soybeans stored in all positions on September 1, 2007
totaled 573 million bushels, up 27 percent from September 1, 2006
and the largest September 1 stocks on record.  Soybean stocks
stored on farms totaled 143 million bushels, down 19 percent from a
year ago.  Off-farm stocks, at 430 million bushels, are up
57 percent from last September.  Indicated disappearance for
June - August 2007 totaled 519 million bushels, down 4 percent from
the same period a year earlier.

After analyzing the end-of-marketing year stock estimates,
disappearance data for exports and crushings, and farm program
administrative data, no revisions were made to the 2006 soybean production.

All wheat stored in all positions on September 1, 2007 totaled
1.72 billion bushels, down 2 percent from a year ago.  On-farm
stocks are estimated at 495 million bushels, down 13 percent from
last September.  Off-farm stocks, at 1.22 billion bushels, are up
4 percent from a year ago.  The June - August 2007 indicated
disappearance is 806 million bushels, up 27 percent from the same
period a year earlier.

Durum wheat stocks in all positions on September 1, 2007 totaled
69.5 million bushels, up 10 percent from a year ago.  On-farm
stocks, at 34.7 million bushels, are up 10 percent from
September 1, 2006.  Off-farm stocks totaled 34.8 million bushels,
up 10 percent from a year ago.  The June - August 2007 indicated
disappearance of 23.6 million bushels is down 23 percent from the
same period a year earlier.

Barley stocks in all positions on September 1, 2007 totaled
189 million bushels, down 11 percent from September 1, 2006.
On-farm stocks are estimated at 106 million bushels, 6 percent
below a year ago.  Off-farm stocks, at 83.1 million bushels, are
17 percent below September 2006.  The June - August 2007 indicated
disappearance is 92.0 million bushels, 22 percent above the same
period a year earlier.

Oats stored in all positions on September 1, 2007 totaled
88.3 million bushels, 12 percent below the stocks on
September 1, 2006.  Of the total stocks on hand, 53.7 million
bushels are stored on farms, 12 percent lower than a year ago.
Off-farm stocks totaled 34.7 million bushels, 12 percent below the
previous year.  Indicated disappearance during June - August 2007
totaled 53.9 million bushels, compared with 46.1 million bushels
during the same period a year ago.

Grain sorghum stored in all positions on September 1, 2007 totaled
32.1 million bushels, down 51 percent from a year ago.  On-farm
stocks, at 2.15 million bushels, are down 59 percent from last
year.  Off-farm stocks, at 29.9 million bushels, are down
51 percent from September 1, 2006.  The June - August 2007
indicated disappearance from all positions is 42.8 million bushels,
down 13 percent from the same period a year ago.