USDA Grain Stocks & Small Grains summaries - Sept 30 2014

NEBRASKA SEPTEMBER 1, 2014 GRAIN STOCKS

Nebraska old crop corn stocks in all positions on September 1, 2014 totaled 141 million bushels, up 77 percent from 2013, according to the USDA’s National Agricultural Statistics Service.  Of the total, 48.0 million bushels are stored on farms, up 118 percent from a year ago.  Off-farm stocks, at 93.3 million bushels, are up  63 percent from last year. 

Old crop soybeans stored in all positions totaled 6.73 million bushels, down 32 percent from last year.  On-farm stocks of 1.45 million bushels are down 42 percent from a year ago and off-farm stocks, at 5.28 million bushels, are down 28 percent from 2013. 

Old crop sorghum stored in all positions totaled 1.30 million bushels, up 68 percent from 2013.  On-farm stocks totaled 170,000 bushels and off-farm holdings are 1.13 million.

Wheat stored in all positions totaled 66.3 million bushels, up 31 percent from a year ago. On-farm stocks of 10.0 million bushels are up 52 percent from 2013 and off-farm stocks of  56.3 million bushels are up 28 percent from last year. 

Oat stocks on farm are 1.00 million bushels, up 67 percent from last year.



Iowa Grain Stocks

Iowa  corn  stocks  stored  in  all  positions  on  September  1,  2014  totaled  268 million  bushels  according  to  the  USDA National Agricultural Statistics Service September 1 – Grain Stocks report.  This is 32 percent more than the same quarter last year.  Of the total stocks, 34 percent were stored in on-farm storage facilities.  The indicated quarterly disappearance from June through August totaled 460 million bushels, 27 percent more than the 362 million bushels used during the same quarter last year.

Iowa  soybeans  stored  in  all  positions  on  September  1,  2014  totaled  21.6 million  bushels,  down  46  percent  from September 1, 2013.  This is  the lowest September 1 stocks since 1973.  Of the  total stocks, 27 percent were held  in on-farm storage facilities.  Indicated disappearance for  the June - August quarter was 72.6 million bushels, 15 percent more than the 63.2 million bushels used during the same quarter last year.

Iowa oat  stocks  stored  in  on-farm  facilities  on September  1,  2014  totaled  2.3 million  bushels,  4  percent  less  than  the 2.4 million bushels on hand September 1, 2013.



USDA: Corn Stocks Up 50 Percent from September 2013
Soybean Stocks Down 35 Percent
All Wheat Stocks Up 2 Percent

Old crop corn stocks in all positions on September 1, 2014 totaled 1.24 billion bushels, up 50 percent from September 1, 2013. Of the total stocks, 462 million bushels are stored on farms, up 68 percent from a year earlier. Off-farm stocks, at 774 million bushels, are up 42 percent from a year ago. The June - August 2014 indicated disappearance is 2.62 billion bushels, compared with 1.95 billion bushels during the same period last year.

Old crop soybeans stored in all positions on September 1, 2014 totaled 92.0 million bushels, down 35 percent from September 1, 2013. Soybean stocks stored on farms totaled 21.3 million bushels, down 46 percent from a year ago. Off-farm stocks, at 70.6 million bushels, are down 30 percent from last September. Indicated disappearance for June - August 2014 totaled 313 million bushels, up 6 percent 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 2013 soybean production is revised to 3.36 billion bushels, up 69.2 million bushels from the previous estimate. Planted area is revised up 307,000 acres to 76.8 million acres, and harvested area is revised up 384,000 acres to 76.3 million acres. The 2013 yield, at 44.0 bushels per acre, is up 0.7 bushel from the previous estimate. A table with 2013 acreage, yield, and production estimates by States is included on page 17 of this report.

All wheat stored in all positions on September 1, 2014 totaled 1.91 billion bushels, up 2 percent from a year ago. On-farm stocks are estimated at 722 million bushels, up 30 percent from last September. Off-farm stocks, at 1.19 billion bushels, are down 9 percent from a year ago. The June - August 2014 indicated disappearance is 711 million bushels, down 28 percent from the same period a year earlier.

Durum wheat stocks in all positions on September 1, 2014 totaled 60.2 million bushels, down 9 percent from a year ago. On-farm stocks, at 41.4 million bushels, are down 4 percent from September 1, 2013. Off-farm stocks totaled 18.9 million bushels, down 20 percent from a year ago. The June - August 2014 indicated disappearance of 18.4 million bushels is up 25 percent from the same period a year earlier.

Barley stocks in all positions on September 1, 2014 totaled 179 million bushels, down 9 percent from September 1, 2013. On-farm stocks are estimated at 98.0 million bushels, 7 percent below a year ago. Off-farm stocks, at 80.8 million bushels, are 11 percent below September 2013. The June - August 2014 indicated disappearance is 83.6 million bushels, 17 percent below the same period a year earlier.

Oats stored in all positions on September 1, 2014 totaled 73.2 million bushels, 15 percent above the stocks on September 1, 2013. Of the total stocks on hand, 40.5 million bushels are stored on farms, 9 percent higher than a year ago. Off-farm stocks totaled 32.7 million bushels, 24 percent above the previous year. Indicated disappearance during June - August 2014 totaled 22.0 million bushels, compared with 37.5 million bushels during the same period a year ago.

Old crop grain sorghum stored in all positions on September 1, 2014 totaled 34.0 million bushels, up 125 percent from a year ago. On-farm stocks, at 1.95 million bushels, are up 223 percent from last year. Off-farm stocks, at 32.1 million bushels, are up 121 percent from September 1, 2013. The June - August 2014 indicated disappearance from all positions is 58.4 million bushels, up 125 percent from the same period a year ago.

Old crop sunflower stocks in all positions on September 1, 2014 totaled 201 million pounds, down 41 percent from a year ago. All stocks stored on farms totaled 25.1 million pounds and off-farm stocks totaled 176 million pounds. Stocks of oil type sunflower seed are 114 million pounds; of this total, 19.8 million pounds are on-farm stocks and 94.0 million pounds are off-farm stocks. Non-oil sunflower stocks totaled 87.0 million pounds, with 5.30 million pounds stored on the farm and 81.7 million pounds stored off the farm.



NEBRASKA 2014 SMALL GRAIN ACREAGE AND PRODUCTION 
 
Winter wheat  production  is  estimated  at  71.1 million bushels,  up  78  percent  from  last  year,  according  to  USDA’s  National  Agricultural  Statistics Service.    Planted  acreage  totaled  1.55 million  acres,  up  5  percent  from  a  year  earlier.   Acres harvested  for grain  totaled 1.45 million acres, 27 percent above 2013.   Yield at 49 bushels per acre, is up 14 bushels from a year ago and a record high.

Oat production is estimated at 1.60 million bushels, down 2 percent from 2013.  Planted acreage totaled 90,000, down 40 percent from a year earlier.  Area harvested for grain, at 20,000 acres, is down 5,000 acres from a year ago.  Yield of 80 bushels per acre, is up 15 bushels from last year and a record high.



Iowa Ag News – Small Grains

OAT production is estimated at 3.52 million bushels, down 11 percent from last year according to the USDA, National  Agricultural  Statistics  Service,  Small  Grains  2014  Summary.   This  is  Iowa’s  second  lowest  oat production on  record.  Oats planted  at 145,000  acres  is down 34 percent  from  last  year.   Harvested  area  for grain  is 55,000 acres, down 8 percent from 2013.   Oat yield, at 64.0 bushels per acre,  is down 2 bushels from last year.

WINTER WHEAT  production,  at  735,000  bushels,  is  down  33  percent  from  last  year.    Planted  acreage  at 26,000 is down 13 percent from 2013.  Winter wheat harvested area is 15,000 acres, down 29 percent from last year.  Winter wheat yield, at 49.0 bushels per acre, is down 3 bushels from 2013.



USDA Small Grains 2014 Summary - September 2014

All wheat production totaled 2.04 billion bushels in 2014, down 5 percent from the revised 2013 total. Area harvested for grain totaled 46.5 million acres, up 3 percent from the previous year. The United States yield is estimated at 43.8 bushels per acre, down 3.3 bushels from the previous year. The levels of production and changes from 2013 by type are winter wheat, 1.38 billion bushels, down 11 percent; other spring wheat, 601 million bushels, up 12 percent; and Durum wheat, 57.1 million bushels, down 2 percent.

Oat production is estimated at 70.5 million bushels, up 9 percent from the revised 2013 total but represents the fourth lowest production on record. Yield is estimated at 67.8 bushels per acre, up 3.7 bushels from the previous year. Harvested area, at 1.04 million acres, is 3 percent above last year. This is the third lowest acreage harvested for grain on record.

Barley production is estimated at 180 million bushels, down 17 percent from the revised 2013 total. Average yield per acre, at 73.4 bushels, is up 2.1 bushels from the previous year and represents a record high for the United States. Producers seeded 2.98 million acres in 2014, down 16 percent from last year. Harvested area, at 2.46 million acres, is down 19 percent from 2013.