State & National Grain Stocks as of Sept. 1

State & National Grain Stocks as of Sept. 1

Corn

Nebraska old crop corn stocks in all positions on Sept. 1, 2015 totaled 182 million bushels, up 29% from 2014, according to the USDA’s National Agricultural Statistics Service.  Of the total, 51.0 million bushels are stored on farms, up 6% from a year ago. Off-farm stocks, at 131 million bushels, are up 41% from last year.

Nationally old crop corn stocks in all positions on September 1, 2015 totaled 1.73 billion bushels, up 41% from Sept. 1, 2014. Of the total stocks, 593 million bushels are stored on farms, up 28% from a year earlier. Off-farm stocks, at 1.14 billion bushels, are up 48% from a year ago. The June-August 2015 indicated disappearance is 2.72 billion bushels, compared with 2.62 billion bushels during the same period last year.

Soybeans

Nebraska old crop soybeans stored in all positions totaled 15.6 million bushels, more than double last year’s holdings. On-farm stocks of 2.65 million bushels are up 83% from a year ago.  Off-farm stocks, at 13.0 million bushels, are up 145% from 2014.

Nationally, old crop soybeans stored in all positions on September 1, 2015 totaled 191 million bushels, up 108% from Sept. 1, 2014. Soybean stocks stored on farms totaled 49.7 million bushels, up 133% from a year ago. Off-farm stocks, at 142 million bushels, are up 101% from last September. Indicated disappearance for June-August 2015 totaled 436 million bushels, up 39% from the same period a year earlier.

Based on an analysis of end-of-marketing year stock estimates, disappearance data for exports and crushings, and farm program administrative data, the 2014 soybean production is revised to 3.93 billion bushels, down 41.7 million bushels from the previous estimate. Planted area is revised down 425,000 acres to 83.3 million acres, and harvested area is revised down 470,000 acres to 82.6 million acres. The 2014 yield, at 47.5 bushels per acre, is down 0.3 bushel from the previous estimate.

Sorghum

Nebraska old crop sorghum stored in all positions totaled 908,000 bushels, down 30% from 2014. On-farm stocks of 125,000 are down 26% from a year earlier, while off farm holdings of 783,000 are down 31% from last year.

Nationally, old crop grain sorghum stored in all positions on Sept. 1, 2015 totaled 18.4 million bushels, down 46% from a year ago. On-farm stocks, at 1.90 million bushels, are down 3% from last year. Off-farm stocks, at 16.5 million bushels, are down 49% from Sept. 1, 2014. The June-August 2015 indicated disappearance from all positions is 15.9 million bushels, down 73% from the same period a year ago.

Wheat

Nebraska Wheat stored in all positions totaled 56.0 million bushels, down 15% from a year ago. On-farm stocks of 5.80 million bushels are down 42% compared to 2014 and off-farm stocks of 50.2 million bushels are down 11% from last year.

Nationally, all wheat stored in all positions on September 1, 2015 totaled 2.09 billion bushels, up 10% from a year ago. On-farm stocks are estimated at 647 million bushels, down 9% from last September. Off-farm stocks, at 1.44 billion bushels, are up 21% from a year ago. The June-August 2015 indicated disappearance is 716 million bushels, up 1% from the same period a year earlier.

Oats

Nebraska on-farm oats totaled 1.70 million bushels, up 70% from 2014.

Nationally, oats stored in all positions on September 1, 2015 totaled 93.3 million bushels, 26% above the stocks on September 1, 2014. Of the total stocks on hand, 47.2 million bushels are stored on farms, 14% higher than a year ago. Off-farm stocks totaled 46.1 million bushels, 40% above the previous year. Indicated disappearance during June-August 2015 totaled 50.0 million bushels, compared with 20.7 million bushels during the same period a year ago.

National Report

Access the national publication for this release at: http://usda.mannlib.cornell.edu/usda/nass/GraiStoc//2010s/2015/GraiStoc.