USDA: Dec. 1 Grain Stocks Report

USDA: Dec. 1 Grain Stocks Report

January 12, 2016

Nebraska corn stocks in all positions on December 1, 2015 totaled 1.39 billion bushels, up 8% from 2014, according to the USDA’s National Agricultural Statistics Service.  Of the total, 820 million bushels are stored on farms, up 4% from a year ago.  Off-farm stocks, at 569 million bushels, are up 12% from last year and is a record high.

Soybeans stored in all positions totaled 214 million bushels, up 3% from last year. On-farm stocks of 70.0 million bushels are 8% above last year, and off-farm stocks, at 144 million bushels, are the same as 2014. 

Wheat stored in all positions totaled 52.1 million bushels, up 17% from a year ago. On-farm stocks of 5.10 million bushels are up 42% from last year, and off-farm stocks of 47.0 million bushels are up 14% from last year. 

Sorghum stored in all positions totaled 15.6 million bushels, up 65% from 2014.  On-farm stocks of 3.60 million are up 64% while off farm holdings of 12.0 million are up 66% from last year.

On-farm oats totaled 1.05 million bushels, up 31% from 2014.

Hay stocks on Nebraska farms totaled 5.1 million tons, up 11% from last year.

Grain storage capacity totaled 2.11 billion bushels, up 32 million from last year. The total is comprised of 1.18 billion bushels of on-farm storage, unchanged from last year, and 929 million bushels of off-farm storage, up 32 million bushels from last year. 

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A field of corn.