Farms.com Home   News

USDA NASS: Nebraska Corn Stocks Up 7%; Soybean Down 3%

University of Nebraska-Lincoln
Institute of Agriculture and Natural Resources
CROPWATCH
 
 
USDA NASS: Nebraska Corn Stocks Up 7%; Soybean Down 3%
 
Nebraska corn stocks in all positions on June 1 totaled 577 million bushels, up 7% from 2016, according to the USDA's National Agricultural Statistics Service. Of the total, 305 million bushels are stored on farms, up 7% from a year ago. Off-farm stocks, at 272 million bushels, are up 7% from last year.
 
Nationally, corn stocks in all positions on June 1 totaled 5.23 billion bushels, up 11% from June 1, 2016. Of the total stocks, 2.84 billion bushels are stored on farms, up 15% from a year earlier. Off-farm stocks, at 2.38 billion bushels, are up 6% from a year ago. The March-May 2017 period indicated disappearance is 3.40 billion bushels, compared with 3.11 billion bushels during the same period last year.
 
Soybeans stored in all positions totaled 71.4 million bushels, down 3% from last year. On-farm
stocks of 19.0 million bushels are down 17% from a year ago but off-farm stocks, at 52.4 million bushels, are up 4% from 2016.
 
Nationally, soybeans stored in all positions on June 1 totaled 963 million bushels, up 11% from June 1, 2016. On-farm stocks totaled 333 million bushels, up 18% from a year ago. Off-farm stocks, at 631 million bushels, are up 7% from a year ago. Indicated disappearance for the March-May 2017 period totaled 775 million bushels, up 18% from the same period a year earlier.
 
Wheat stored in all positions totaled 43.7 million bushels, up 45% from a year ago. On-farm
stocks of 1.05 million bushels are up 5% from 2016 and off-farm stocks of 42.7 million bushels are up 47% from last year.
 
Nationally, old crop all wheat stored in all positions on June 1 totaled 1.18 billion bushels, up 21% from a year ago. On-farm stocks are estimated at 192 million bushels, down 3% from last year. Off-farm stocks, at 993 million bushels, are up 28% from a year ago. The March-May period indicated disappearance is 472 million bushels, up 19% from the same period a year earlier
 
Sorghum stored in all positions totaled 2.69 million bushels, down 27% from 2016. On-farm
stocks of 150 thousand bushels are down 63% from a year ago and off-farm holdings
of 2.54 million bushels are down 23% from last year.
 
On-farm oat stocks totaled 300 thousand bushels, down 17% from 2016.
 
Source: unl.edu

Trending Video

Georgia Farm Bureau Unites County Leaders to Strengthen Agriculture Advocacy

Video: Georgia Farm Bureau Unites County Leaders to Strengthen Agriculture Advocacy

The Georgia Farm Bureau recently gathered over 150 county presidents for an event focused on grassroots leadership, advocacy, and collaboration. With agriculture policies starting at the local level, this meeting provided a platform for leaders to share ideas, engage in advocacy training, and ensure a unified voice for Georgia’s farming community. Experts like Tom McCall, Amelia Junod, and Austin Large emphasize the importance of political engagement, consistent messaging, and strengthening connections with legislators. Watch to learn how these leaders are shaping the future of agriculture in Georgia!