Nebraska Grain and Hay Stocks on December 1 Drop from 2011 Levels - UNL CropWatch, Jan. 11, 2013

Nebraska Grain and Hay Stocks on December 1 Drop from 2011 Levels - UNL CropWatch, Jan. 11, 2013

January 11, 2013

Nebraska corn stocks in all positions on December 1, 2012 totaled 957 million bushels, down 18% from a year earlier and the lowest in ten years, according to a Jan. 11 report from USDA’s National Agricultural Statistics Service, Nebraska Field Office. Of the total stocks, 570 million bushels are stored on farms, down 22% from 2011. Off-farm stocks, at 387 million bushels, are down 11% from last year.

Soybeans stored in all positions on December 1, 2012 totaled 140 million bushels, down 30% from last year and the lowest since 2003. On-farm stocks, at 42 million bushels, are down 33% from a year earlier. Off-farm stocks, at 98 million bushels, are down 29% from 2011.

Wheat stored in all positions on December 1, 2012 totaled 47.5 million bushels, down less than 1% from a year ago. On-farm stocks, at 3.8 million bushels, are up 9% from 2011 while off-farm stocks, at 43.7 million bushels, are down 1% from a year earlier.

Sorghum stored in all positions on December 1, 2012 totaled 3.6 million bushels, down 57% from 2011 and the lowest since 1953. On-farm stocks, at 700 thousand bushels, are down 59% from a year earlier and the lowest on record. Off-farm stocks, at 2.9 million bushels, are down 56% from last year and the lowest since 1956.

Hay stocks on Nebraska farms totaled 3.05 million tons on December 1, 2012, down 29% from a year earlier and the lowest since 1957.