Wisconsin Ag Connection - Wisconsin Corn and Soybean Stocks Down

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Wisconsin Corn and Soybean Stocks Down
Wisconsin Ag Connection - 01/15/2013

Corn stocks in all positions in Wisconsin totaled 334 million bushels as of December 1. According to the state's agriculture department, that's down 14 percent from 386 million bushels record one year earlier. State records say on-farm stocks accounted for 190 million bushels, down 17 percent from 230 million bushels a year earlier, while off-farm stocks came in at 144 million bushels, down 8 percent from 156 million bushels on December 1 of last year.

Nationally, corn stored in all positions on December 1, 2012 totaled 8.03 billion bushels, down 17 percent from last year. Of the total stocks, 4.59 billion bushels are stored on farms, down 26 percent from a year earlier. Off-farm stocks, at 3.44 billion bushels, are down 1 percent from a year ago. The September - November 2012 indicated disappearance is 3.74 billion bushels, compared with 3.84 billion bushels during the same period last year.

Wisconsin soybean stocks in all positions totaled 53 million bushels as of December 1, down 5 percent from 55.7 million bushels in 2011. On-farm stocks were 22.0 million bushels, up 16 percent from 19.0 million bushels a year earlier, while off-farm stocks were 31.0 million bushels, down 15 percent from 36.7 million bushels on December 1 of last year.

United States soybeans stored in all positions totaled 1.97 billion bushels, down 17 percent from 2011. Soybean stocks stored on farms totaled 910 million bushels, down 20 percent from a year ago. Off-farm stocks, at 1.06 billion bushels, are down 14 percent from last December. Indicated disappearance for September - November 2012 totaled a record high 1.22 billion bushels, up 30 percent from the same period a year earlier.

Oat stocks stored in Wisconsin totaled 10.7 million bushels. United States oats stored in all positions totaled 73.1 million bushels, 8 percent below the stocks in 2011. Of the total stocks on hand, 26 million bushels are stored on farms, up 4 percent from a year ago. Off-farm stocks totaled 47.1 million bushels, down 13 percent from the previous year.

Nationally, all wheat stored in all positions on December 1, 2012 totaled 1.66 billion bushels, down slightly from a year ago. On-farm stocks are estimated at 400 million bushels, down 1 percent from last December. Off-farm stocks, at 1.26 billion bushels, are up slightly from a year ago. The September - November 2012 indicated disappearance is 445 million bushels, down 8 percent from the same period a year earlier. United States barley stored in all positions on December 1, 2012 totaled 158 million bushels, up 14 percent from 2011. On-farm stocks are estimated at 72.6 million bushels, 31 percent above a year ago. Off-farm stocks, at 85.3 million bushels, are 2 percent above December 2011. The September - November 2012 indicated disappearance is 38.9 million bushels, 8 percent above the same period a year earlier.

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