Harting Sales and Service, Inc



National & World Ag News Headlines
Oats and Soybean Stocks Down Double Digits
USAgNet - 01/13/2020

Corn stored in all positions on December 1, 2019 totaled 11.4 billion bushels, down 5 percent from December 1, 2018. Of the total stocks, 7.18 billion bushels are stored on farms, down 4 percent from a year earlier. Off-farm stocks, at 4.21 billion bushels, are down 6 percent from a year ago. The September - November 2019 indicated disappearance is 4.52 billion bushels, compared with 4.54 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2019 totaled 3.25 billion bushels, down 13 percent from December 1, 2018. Soybean stocks stored on farms totaled 1.53 billion bushels, down 21 percent from a year ago. Off-farm stocks, at 1.73 billion bushels, are down 5 percent from last December. Indicated disappearance for September - November 2019 totaled 1.22 billion bushels, up 8 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2019 totaled 1.83 billion bushels, down 9 percent from a year ago. On-farm stocks are estimated at 519 million bushels, up 3 percent from last December. Off-farm stocks, at 1.31 billion bushels, are down 13 percent from a year ago. The September - November 2019 indicated disappearance is 512 million bushels, 35 percent above the same period a year earlier.

Barley stored in all positions on December 1, 2019 totaled 151 million bushels, down 1 percent from December 1, 2018. On-farm stocks are estimated at 87.6 million bushels, 22 percent above a year ago. Off-farm stocks, at 63.6 million bushels, are 21 percent below December 2018. The September - November 2019 indicated disappearance is 38.6 million bushels, 74 percent above the same period a year earlier.

Oats stored in all positions on December 1, 2019 totaled 54.0 million bushels, down 20 percent from the stocks on December 1, 2018. Of the total stocks on hand, 24.8 million bushels are stored on farms, down 3 percent from a year ago. Off-farm stocks totaled 29.2 million bushels, down 30 percent from the previous year. Indicated disappearance during September - November 2019 totaled 6.09 million bushels.

All hay stored on United States farms as of December 1, 2019 totaled 84.5 million tons, up 7 percent from the previous December. Disappearance from May 1, 2019 - December 1, 2019 totaled 59.3 million tons, compared with 59.9 million tons for the same period a year earlier. The largest increases in stocks from one year ago were seen in Kansas, Missouri, Montana, South Dakota, and Texas, all resulting from increases in dry hay production.

December 1 hay stocks levels were record lows in Connecticut, Illinois, Indiana, Maine, Minnesota, Pennsylvania, and Rhode Island.

Send this article to a friend


Other National Headlines
Ag-Bag
Professional Dairy Producers Foundation
Copyright © 2020 - Farms.com. All Rights Reserved.