September 28, 2007
Missouri Soybean, Corn, Wheat, Sorghum Stocks Down From Year Ago
(Columbia, MO) - Missouri old crop soybean stocks in all positions on September 1, 2007 totaled 19.4 million bushels, 16 percent below last year’s third quarter inventory. On-farm stocks in the state totaled 7.6 million bushels, while 11.8 million bushels were in off-farm positions.
Inventory of old crop corn in all positions in Missouri on September 1, 2007 amounted to 29.7 million bushels, down 18 percent from the level of a year earlier. On-farm stocks accounted for 11.5 million bushels, while off-farm positions totaled 18.2 million bushels.
September 1, 2007 wheat stocks in Missouri totaled 29.9 million bushels, down 24 percent from the third quarter of last year. There were 2.8 million bushels on farms, the lowest level since 2002. Off-farm stocks totaled 27.1 million bushels.
Old crop sorghum stocks in Missouri on September 1, 2007 totaled 584,000 bushels, 8 percent below last year on September 1 and the lowest in any quarter since September 1, 1957. Sorghum on farms accounted for 250,000 bushels, while 334,000 bushels were off-farm.
United States Corn Stocks Down 34 Percent
Corn stocks in all positions in the United States on September 1, 2007 totaled 1.30 billion bushels, down 34 percent from September 1, 2006. Of the total stocks, 460 million bushels are stored on farms, down 39 percent from a year earlier. Off-farm stocks, at 844 million bushels, are down 31 percent from a year ago. The June - August 2007 indicated disappearance is 2.23 billion bushels, compared with 2.39 billion bushels during the same period last year.
Old crop soybeans stored in all positions in the United States on September 1, 2007 totaled 573 million bushels, up 27 percent from September 1, 2006 and the largest September 1 stocks on record. Soybean stocks stored on farms totaled 143 million bushels, down 19 percent from a year ago. Off-farm stocks, at 430 million bushels, are up 57 percent from last September. Indicated disappearance for June - August 2007 totaled 519 million bushels, down 4 percent from the same period a year earlier.
All wheat stored in all positions in the United States on September 1, 2007 totaled 1.72 billion bushels, down 2 percent from a year ago. On-farm stocks are estimated at 495 million bushels, down 13 percent from last September. Off-farm stocks, at 1.22 billion bushels, are up 4 percent from a year ago. The June - August 2007 indicated disappearance is 806 million bushels, up 27 percent from the same period a year earlier.
Oats stored in all positions in the United States on September 1, 2007 totaled 88.3 million bushels, 12 percent below the stocks on September 1, 2006. Of the total stocks on hand, 53.7 million bushels are stored on farms, 12 percent lower than a year ago. Off-farm stocks totaled 34.7 million bushels, 12 percent below the previous year. Indicated disappearance during June - August 2007 totaled 53.9 million bushels, compared with 46.1 million bushels during the same period a year ago.
Grain sorghum stored in all positions in the United States on September 1, 2007 totaled 32.1 million bushels, down 51 percent from a year ago. On-farm stocks, at 2.15 million bushels, are down 59 percent from last year. Off-farm stocks, at 29.9 million bushels, are down 51 percent from September 1, 2006. The June - August 2007 indicated disappearance from all positions is 42.8 million bushels, down 13 percent from the same period a year ago.
Missouri Wheat Production Down
Missouri produced 37.8 million bushels of winter wheat in 2007, down 23 percent from last year’s production but 6 percent above the August 1 forecast. Farmers planted 1.05 million acres, of which 880,000 were harvested for grain, 30,000 more than previously forecast. Yield of 43 bushels per acre is 11 bushels below last year but 1 bushel above the August 1 projection.
Missouri oat production in 2007 totaled 400,000 bushels, 78 percent smaller than the 2006 crop and the lowest production on record. There were 25,000 planted acres, above only 22,000 acres in 1998 as the lowest ever. Acreage harvested for grain, at 8,000, is the lowest on record. The State oat yield averaged 50 bushels per acre, 15 bushels below the 2006 average.
United States Wheat Production Up
United States all wheat production totaled 2.07 billion bushels in 2007, down 2 percent from the August forecast but up 14 percent from 2006. Grain area is 51.0 million acres, up 9 percent from last year. The U.S. yield is 40.5 bushels per acre, down 0.1 bushel from the last forecast but up 1.8 bushels from last year. The level of production and change from last year by type are: winter wheat, 1.52 billion bushels, up 17 percent; other spring wheat, 479 million bushels, up 4 percent; Durum wheat, 71.7 million bushels, up 34 percent.
United States oat production is estimated at a record
low 91.6 million bushels, 7 percent below the August 1 forecast and down
2 percent from last year. The estimated yield is 60.9 bushels per acre,
down 0.1 bushel from the last forecast but up 1.1 bushels from the previous
year. Compared with last year, yields increased in most States throughout
the Great Plains and central Rocky Mountains. Harvested area, at 1.51
million acres, is 7 percent and 4 percent below August and last year,
respectively. This is the smallest acreage harvested for grain on record,
continuing a steady downward trend.
|Missouri Wheat Production and Yield|
|Area||Acres Planted||Acres Harvested||Yield||Production|
|1/ September 1 Forecast|