USA: Lower barley stocks

U.S. barley stocks in all positions on March 1, 2006 amounted to 167 million bushels, a drop of 13% from March 1, 2005, according to the USDA.

On-farm stocks are estimated at 68.4 million bushels, 14% below a year ago. Off-farm stocks, at 98.2 million bushels, are 12% below March 2005.The December 2005 - February 2006 indicated disappearance amounted 41.4 million bushels, 25% below the same period a year earlier.

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