What does Commercial Grain Stock mean?
Commercial Grain Stock is the quantity of grain such as wheat, rice, corn, pulses and oil seeds that has been harvested and stored. This includes all places of investment. The storage of these grains is done in warehouses, farms, sheds. They can be stored both off-farm and on-farm.
Futures Knowledge Explains Commercial Grain Stock
The USDA publishes quarterly data on commercial grain stock. The statistics of commercial grain stock is important for economic analysis. It gives the amount of grain stock available domestically so as to match the supply and demand of the grain stock in the market. These grains are mostly traded on commodity exchanges to hedge the price risk and also for investing. Hence the quarterly statistics is eagerly awaited and analysed by investors.