Nebraska March 1, 2012 Grain Stocks

Lincoln, Neb., March 30, 2012 -- Corn stocks in all positions on March 1, 2012 totaled 687 million bushels, down 10 percent from March 1, 2011, according to the USDA’s National Agricultural Statistics Service, Nebraska Field Office. Of the total, 350 million bushels are stored on farms, down 8 percent from a year ago. Off-farm stocks, at 337 million bushels, are down 13 percent from last year.

 

Soybeans stored in all positions on March 1, 2012 totaled 122 million bushels, up

37 percent from last year. On-farm stocks are 32 million bushels, up 28 percent from a year ago.  Off-farm stocks, at 90 million bushels, are up 41 percent from 2011.

 

Wheat stored in all positions on March 1, 2012 totaled 38.8 million bushels, down 31 percent from a year ago. On-farm stocks of 2.4 million are down 17 percent from 2011. Off-farm stocks of 36.4 million bushels are down 31 percent from last year.

 

Sorghum stored in all positions on March 1, 2012 totaled 6.5 million bushels, down 4 percent from 2011 and the lowest level since 1957. On-farm stocks are 1.3 million bushels, unchanged from last year. Off-farm stocks, at 5.2 million bushels, are 6 percent below last year.