HDR1012000000110401970830CORRECTED GRAIN STOCKS                                 
Grain     CORRECTED                                                             
Stocks                                                                          
                                                                                
National                                                                        
Agricultural                                                                    
Statistics                                                                      
Service                                                                         
                                                                                
USDA                                                                            
Washington, D.C.                                                                
                                                                                
                                                                                
Released March 31, 1997, by the National Agricultural Statistics Service (NASS),
Agricultural Statistics Board, U.S. Department of Agriculture.  For information 
on "Grain Stocks" call (202) 720-2127, office hours 7:30 a.m. to 4:00 p.m. ET.  
                                                                                
                                                                                
                                                                                
                   Correction to Soybean Stocks                                 
                                                                                
An error was discovered in the Mississippi soybean off-farm stocks which amounts
to a downward correction of 22.0 million bushels in the Mississippi and U.S.    
soybean stocks estimates reported in the March 1, 1997, Grain Stocks report.    
Following are the corrected soybean narrative comments, U.S. Summary tables, and
State table:                                                                    
                                                                                
Soybeans stored in all positions on March 1, 1997, totaled 1.06 billion bushels,
down 11 percent from March 1, 1996.  On-farm stocks, estimated at 514 million   
bushels, were slightly above the same period last year and accounted for        
49 percent of total stocks.  Off-farm stocks, at 542 million bushels, were down 
20 percent from last year.                                                      
                                                                                
Indicated disappearance during the December 1996 - February 1997 quarter totaled
767 million bushels, up 19 percent from the same period one year ago.           
                                                                                
                                                                                
                                                                                
           Soybean Stocks:  By Position, Month, United States, 1996-97          
                                                                                
------------------------------------------------------------------------------- 
      :                1996                :                1997                
      :------------------------------------------------------------------------ 
 Date :     On    :     Off    : Total All :    On    :     Off    : Total All  
      :   Farms   :  Farms 1/  : Positions :   Farms  :  Farms 1/  : Positions  
------------------------------------------------------------------------------- 
      :                             (Domestic Units)                            
      :                              1,000 Bushels                              
      :                                                                         
Mar 1 :   512,000     678,356    1,190,356    514,000     541,607    1,055,607  
Jun 1 :   234,100     388,701      622,801                                      
Sep 1 :    59,523     123,935      183,458                                      
Dec 1 :   935,100     887,773    1,822,873                                      
      :                                                                         
      :                               Metric Tons                               
      :                                                                         
Mar 1 : 13,934,360  18,461,820   32,396,180 13,988,790  14,740,120   28,728,910 
Jun 1 :  6,371,160  10,578,710   16,949,870                                     
Sep 1 :  1,619,950   3,372,960    4,992,910                                     
Dec 1 : 25,449,250  24,161,220   49,610,470                                     
------------------------------------------------------------------------------- 
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
            Soybeans:  Stocks by Position, State, and United States,            
                                March 1, 1996-97                                
------------------------------------------------------------------------------  
        :                1996               :               1997                
        :---------------------------------------------------------------------  
  State :     On    :    Off    : Total All :    On    :    Off    : Total All  
        :   Farms   :  Farms 1/ : Positions :   Farms  :  Farms 1/ : Positions  
------------------------------------------------------------------------------  
        :                             1,000 Bushels                             
        :                                                                       
AL      :        *           *            *         *       4,509            *  
AZ      :                    *            *                     *            *  
AR      :    3,000      27,999       30,999     4,000      22,129       26,129  
CA      :                                                                       
CO      :                    *            *                     *            *  
DE      :        *           *            *         *           *            *  
FL      :        *           *            *         *           *            *  
GA      :      600       8,029        8,629       700           *            *  
ID      :                                                                       
IL      :  102,000     127,548      229,548    93,000     102,367      195,367  
IN      :   30,000      44,468       74,468    30,000      37,993       67,993  
IA      :  131,000     145,187      276,187   133,000     108,545      241,545  
KS      :    7,000      30,499       37,499     8,000      23,155       31,155  
KY      :    6,000      10,217       16,217     6,000       8,472       14,472  
LA      :      300      10,910       11,210       200       7,924        8,124  
MD      :        *           *            *         *           *            *  
MI      :   10,000       9,836       19,836     7,000       8,642       15,642  
MN      :   90,000      60,941      150,941    84,000      43,983      127,983  
MS 2/   :    2,000       9,169       11,169     2,200       8,675       10,875  
MO      :   24,000      31,775       55,775    28,000      24,788       52,788  
MT      :                                                                       
NE      :   22,000      44,664       66,664    25,000      36,089       61,089  
NV      :                                                                       
NH      :                                                                       
NJ      :        *           *            *         *           *            *  
NM      :                                                                       
NY      :                  185          185                   172          172  
NC      :    4,500      10,119       14,619     4,500       8,912       13,412  
ND      :    5,300       4,500        9,800     3,800       2,540        6,340  
OH      :   32,000      40,199       72,199    35,000      38,337       73,337  
OK      :        *         708            *         *           *            *  
OR      :                    *            *                     *            *  
PA      :        *       1,430            *         *       1,925            *  
SC      :    2,000       5,856        7,856     1,800       5,366        7,166  
SD      :   19,500      13,044       32,544    27,000      11,196       38,196  
TN      :    3,700       4,185        7,885     2,400       3,189        5,589  
TX      :        *       5,014            *         *           *            *  
UT      :                    *            *                     *            *  
VA      :        *           *            *         *           *            *  
WA      :                    *            *                     *            *  
WV      :                    *            *                     *            *  
WI      :    9,100       7,428       16,528     6,400       5,687       12,087  
WY      :                                                                       
        :                                                                       
Unall*  :    8,000      24,446       39,598    12,000      27,012       46,146  
        :                                                                       
US 2/   :  512,000     678,356    1,190,356   514,000     541,607    1,055,607  
------------------------------------------------------------------------------  
*   "Off farms unallocated" includes State data not published to avoid          
    disclosure of individual operations; "on farms unallocated" includes minor  
    producing States' data not published separately.                            
1/  Includes stocks at mills, elevators, warehouses, terminals, and             
    processors.                                                                 
2/  Correction to the off-farm totals released on March 31, 1997.