Grain and Legume Stocks on August 1 Remain Record-High
Current Stock Levels: As of August 1, 2024, grain and legume stocks, including corn, in agricultural organizations are 28.99 million tons.
Annual Growth: This marks a 16.51% increase compared to the previous year (24.88 million tons on August 1, 2023).
Historical Record: These are the highest recorded levels of grain stocks for early August, surpassing the previous record from 2021.
Monthly Increase: Stocks increased significantly from 17.02 million tons on July 1, 2024.
Conclusion
The grain stock levels have reached unprecedented heights, indicating a robust yield and potentially stable supply for the coming months.