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September 30, 2011

Missouri Corn Stocks Lowest since 1996, Sorghum lowest since 1957

(Columbia, MO) -Inventory of old crop corn in all positions in Missouri on September 1, 2011 totaled 17.2 million bushels, down 67 percent from the level of a year earlier. On-farm stocks accounted for 5.7 million bushels, down 75 percent from a year ago, while off-farm positions totaled 11.5 million bushels, down 60 percent.

Missouri old crop soybean stocks in all positions on September 1, 2011 totaled 7.3 million bushels, up 15 percent from last year’s third quarter inventory. On-farm stocks in the state totaled 2.9 million bushels, up 123 percent from a year ago, while 4.4 million bushels were in off-farm positions, 13 percent below last year at this time.

September 1, 2011 wheat stocks in Missouri totaled 29.9 million bushels, up 12 percent from the third quarter of last year. There were 4.5 million bushels on farms, more than triple the 1.4 million bushels a year earlier.  Off-farm stocks totaled 25.4 million bushels, same as last year.

Old crop sorghum stocks in Missouri on September 1, 2011 totaled 344,000 bushels, Sorghum on farms accounted for 110,000 bushels, while 234,000 bushels were off-farm, all three are 45 percent below their respective category one year ago.

 

Corn Stocks Down 34 Percent from September 2010
Soybean Stocks Up 42 percent All Wheat Stocks Down 12 Percent

           
Old crop corn stocks in all positions on September 1, 2011 totaled 1.13 billion bushels, down 34 percent from September 1, 2010. Of the total stocks, 315 million bushels are stored on farms, down 35 percent from a year earlier. Off-farm stocks, at 813 million bushels, are down 33 percent from a year ago. The June - August 2011 indicated disappearance is 2.54 billion bushels, compared with 2.60 billion bushels during the same period last year.

Old crop soybeans stored in all positions on September 1, 2011 totaled 215 million bushels, up 42 percent from September 1, 2010. Soybean stocks stored on farms totaled 48.5 million bushels, up 37 percent from a year ago. Off-farm stocks, at 166 million bushels, are up 44 percent from last September. Indicated disappearance for June - August 2011 totaled 405 million bushels, down 4 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 2010 soybean production is revised down fractionally from the previous estimate. Harvested area is revised down 6,000 acres.

All wheat stored in all positions on September 1, 2011 totaled 2.15 billion bushels, down 12 percent from a year ago. On-farm stocks are estimated at 642 million bushels, down 21 percent from last September. Off-farm stocks, at 1.51 billion bushels, are down 8 percent from a year ago. The June - August 2011 indicated disappearance is 720 million bushels, down 2 percent from the same period a year earlier.

Oats stored in all positions on September 1, 2011 totaled 78.4 million bushels, 33 percent below the stocks on September 1, 2010. Of the total stocks on hand, 31.1 million bushels are stored on farms, 33 percent lower than a year ago. Off-farm stocks totaled 47.3 million bushels, 33 percent below the previous year. Indicated disappearance during June - August 2011 totaled 43.2 million bushels, compared with 44.5 million bushels during the same period a year ago.

Old crop grain sorghum stored in all positions on September 1, 2011 totaled 27.5 million bushels, down 33 percent from a year ago. On-farm stocks, at 2.03 million bushels, are down 55 percent from last year. Off-farm stocks, at 25.4 million bushels, are down 31 percent from September 1, 2010. The June - August 2011 indicated disappearance from all positions is 52.6 million bushels, up 13 percent from the same period a year ago.

Missouri Wheat Acres Down 10,000 from June

Missouri produced 34 million bushels of winter wheat in 2011, 270 percent of production last year and 1 percent below the August 1 forecast. Farmers planted 790,000 acres, of which 680,000 were harvested for grain, 10,000 less than previously forecast. Yield of 50 bushels per acre is 5 bushels above last year and equal to August 1 projection.

Missouri oat production in 2011 totaled 392,000 bushels, 9 percent above the 2010 crop.  There were 15,000 planted acres, down 5,000 acres from 2010. Acres harvested for grain totaled 8,000 acres, equal to acres last year and tied second lowest on record. The record low harvested acres were set in 2008 with 6,000 acres.  The state oat yield averaged 49 bushels per acre, up 4 bushels from 2010.

United States Wheat Production Down 9 Percent from Year Earlier

All wheat production totaled 2.01 billion bushels in 2011, down 9 percent from 2010. Grain area totaled 45.7 million acres, down 4 percent from the previous year. The United States yield is 43.9 bushels per acre, down 2.4 bushels from the previous year’s record high but still ranks as the fifth highest on record. The levels of production and changes from 2010 by type are winter wheat, 1.49 billion bushels, up 1 percent; other spring wheat, 462 million bushels, down 25 percent; Durum wheat, 51.9 million bushels, down 51 percent.

Oat production is estimated at a record low 54.0 million bushels, down 33 percent from 2010. Yield is estimated at 57.5 bushels per acre, down 6.8 bushels from the previous year. Harvested area, at 940 thousand acres, is 26 percent below last year. This is the smallest acreage harvested for grain on record, surpassing the previous record low set in 2010.

Missouri Wheat Production and Yield
By District
Area Acres Planted Acres Harvested Yield Production
2010 20111/ 2010 20111/ 2010 20111/ 2010 20111/
  -thousands- -thousands- -bu/acre- -thousand bu.-
NW 17.5 36.0 14.5 34.0 42.1 48.5 610 1,650
NC 22.5 55.0 17.0 53.0 38.8 43.5 660 2,300
NE 19.5 75.0 12.5 68.0 36.0 48.5 450 3,300
WC 26.5 84.0 19.0 73.0 35.2 48.5 669 3,550
C 46.0 78.0 30.5 69.0 33.7 44.0 1,027 3,050
EC 34.0 59.0 23.5 50.0 41.7 49.0 980 2,450
SW 58.0 114.0 41.0 109.0 34.0 47.5 1,392 5,200
SC 6.5 10.0 3.5 8.0 41.4 50.0 145 400
SE 139.5 279.0 118.5 216.0 56.3 56.0 6,667 12,100
STATE 370.0 790.0 280.0 680.0 45.0 50.0 12,600 34,000
1/ September 1 Forecast