Wisconsin Farmers Storing Record Amounts of Corn, Soybeans
Wisconsin Ag Connection - 04/03/2017
Wisconsin corn stocks as of March 1 totaled 348 million bushels, up 15 percent from the same time last year. According to the latest USDA Grain Stocks report, this is the largest amount of corn in storage for March 1 ever.
Of the total stocks, USDA officials say just over half is being stored on farms. The indicated quarterly disappearance from December 2016 to February 2017 totaled 96 million bushels, 10 percent less than the 106 million bushels used during the same period
Soybeans in storage throughout Wisconsin totaled 54.4 million bushels--also the largest March 1 stocks on record. About 27 percent were stored on-farm. Indicated disappearance was 12.5 million bushels, 50 percent less than the 24.9 million bushels used
during the same period a year earlier.
And Wisconsin oat stocks stored on-farm totaled 2.30 million bushels, down 36 percent from last March.