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September 30, 2010

Missouri Corn Stocks Up From Year Ago, Wheat a Record Low

(Columbia, MO) -Inventory of old crop corn in all positions in Missouri on September 1, 2010 totaled 51.6 million bushels, up 31 percent from the level of a year earlier. On-farm stocks accounted for 22.5 million bushels, up 50 percent from a year ago, while off-farm positions totaled 29.1 million bushels, up 19 percent.

Missouri old crop soybean stocks in all positions on September 1, 2010 totaled 6.39 million bushels, up 39 percent from last year’s third quarter inventory. On-farm stocks in the state totaled 1.30 million bushels, unchanged from a year earlier, while 5.09 million bushels were in off-farm positions, 55 percent above last year at this time.

September 1, 2010 wheat stocks in Missouri totaled 22.6 million bushels, down 32 percent from the third quarter of last year and the second lowest since records began in 1945. There were 1.40 million bushels on farms, down 71 percent from a year earlier and the lowest on record. The previous record low was 2.1 million bushels on September 1, 2002. Off-farm stocks totaled 21.2 million bushels, down 25 percent.

Old crop sorghum stocks in Missouri on September 1, 2010 totaled 631,000 bushels, 17 percent below last year. Sorghum on farms accounted for 200,000 bushels, unchanged from September 2009, while 431,000 bushels were off-farm, 23 percent below a year earlier.

United States Corn Stocks Up 2 Percent from September 2009, Soybean Stocks Up 9 Percent, All Wheat Stocks Up 11 Percent

Old crop corn stocks in all positions on September 1, 2010 in the U.S. totaled 1.71 billion bushels, up 2 percent from September 1, 2009. Of the total stocks, 485 million bushels are stored on farms, down 20 percent from a year earlier. Off-farm stocks, at 1.22 billion bushels, are up 15 percent from a year ago. The June - August 2010 indicated disappearance is 2.60 billion bushels, compared with 2.59 billion bushels during the same period last year.

U.S. old crop soybeans stored in all positions on September 1, 2010 totaled 151 million bushels, up 9 percent from September 1, 2009. Soybean stocks stored on farms totaled 35.4 million bushels, up 1 percent from a year ago. Off-farm stocks, at 116 million bushels, are up 12 percent from last September. Indicated disappearance for June - August 2010 totaled 420 million bushels, down 8 percent from the same period a year earlier.

All wheat stored in all positions in the U.S. on September 1, 2010 totaled 2.46 billion bushels, up 11 percent from a year ago. On-farm stocks are estimated at 826 million bushels, down 1 percent from last September. Off-farm stocks, at 1.63 billion bushels, are up 19 percent from a year ago. The June - August 2010 indicated disappearance is 740 million bushels, up 12 percent from the same period a year earlier.

Oats stored in all positions on September 1, 2010 in the U.S. totaled 117 million bushels, 9 percent below the stocks on September 1, 2009. Of the total stocks on hand, 46.8 million bushels are stored on farms, 14 percent lower than a year ago. Off-farm stocks totaled 70.7 million bushels, 4 percent below the previous year. Indicated disappearance during June - August 2010 totaled 44.7 million bushels, compared with 48.8 million bushels during the same period a year ago.

U.S. old crop grain sorghum stored in all positions on September 1, 2010 totaled 41.2 million bushels, down 25 percent from a year ago. On-farm stocks, at 4.50 million bushels, are up 2 percent from last year. Off-farm stocks, at 36.7 million bushels, are down 27 percent from September 1, 2009. The June - August 2010 indicated disappearance from all positions is 46.6 million bushels, down 2 percent from the same period a year ago.

Missouri Wheat Production Down 63 Percent From Last Year

Missouri produced 12.6 million bushels of winter wheat in 2010, down 63 percent from last year’s production and 8 percent below the August 1 forecast. Farmers planted 370,000 acres, of which 280,000 were harvested for grain, 30,000 less than previously forecast. Both the planted acres and harvested acreage set new record lows. The previous record low was in 2005 with 590,000 acres planted and 540,000 acres harvested for grain. Yield of 45 bushels per acre is 2 bushels below last year and 1 bushel above the August 1 projection.

Missouri oat production in 2010 totaled 360,000 bushels, 27 percent less than the 2009 crop, and the second smallest crop on record behind the 330,000 bushel in 2008. There were 20,000 planted acres, up 5,000 acres from 2009. Acres harvested for grain totaled 8,000 acres, down 1,000 acres from last year and the second lowest on record. The record low harvested acres was set in 2008 with 6,000 acres. The state oat yield averaged 45 bushels per acre, down 10 bushels from both 2008 and 2009.


United States Wheat Production Up Slightly From Year Earlier

U.S. all wheat production totaled 2.22 billion bushels in 2010, down 2 percent from the August forecast but up slightly from 2009. Grain area is 47.7 million acres, down 4 percent from last year. The United States yield is a record high 46.7 bushels per acre, 2.3 bushels higher than last year and 1.8 bushels higher than the previous record set in 2008. The levels of production and changes from last year by type are: winter wheat, 1.49 billion bushels, down 3 percent; other spring wheat, 627 million bushels, up 7 percent; Durum wheat, 111 million bushels, up 2 percent.

Oat production in the U.S. is estimated at a record low 81.9 million bushels, 6 percent below the August forecast and down 12 percent from last year. Yield is estimated at 64.6 bushels per acre, down 1.7 bushels from the last forecast and down 2.9 bushels from the previous year. Compared with last year, yields decreased or stayed the same for most States, with the exception of Michigan, Texas, and several States in the Northwest. Harvested area, at 1.27 million acres, is 4 percent below August and 8 percent below last year. This is the smallest acreage harvested for grain on record, continuing a steady downward trend.

Missouri Wheat Production and Yield
By District
Area Acres Planted Acres Harvested Yield Production
2009 20101/ 2009 20101/ 2009 20101/ 2009 20101/
  -thousands- -thousands- -bu/acre- -thousand bu.-
NW 30 17 26.5 14.5 41.5 42 1,104 610
NC 47 22 42.0 18.0 42.5 40 1,786 720
NE 86 19 79.0 13.0 45.5 34 3,584 435
WC 72 25 69.0 15.0 44.0 38 3,038 570
C 92 46 83.0 28.0 45.5 36 3,783 1,010
EC 73 35 68.0 26.5 48.5 36 3,281 960
SW 107 59 102.0 43.5 46.0 36 4,678 1,550
SC 9 5 6.5 2.5 42.5 42 277 105
SE 264 142 254.0 119.0 50.5 56 12,779 6,640
STATE 780 370 730.0 280.0 47.0 45 34,310 12,600
1/ September 1 Forecast