Iowa Ag Connection - State's Oats in Storage Up 35 Percent from 2016

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State's Oats in Storage Up 35 Percent from 2016
Iowa Ag Connection - 01/15/2018

Corn stored in all positions in Iowa on December 1, 2017, totaled 2.38 billion bushels, down 1 percent from December 1, 2016, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Of the total stocks, 63 percent were stored on-farm. The September - November indicated disappearance totaled 727 million bushels, 4 percent below the 755 million bushels from the same period last year.

Soybeans stored in all positions in Iowa on December 1, 2017, totaled 487 million bushels, 6 percent above the 458 million bushels on hand December 1, 2016. Of the total stocks, 43 percent were stored on-farm. Indicated disappearance for September - November is 127 million bushels, 12 percent below the 145 million bushels from the same quarter last year.

Oats stored on-farm in Iowa on December 1, 2017, totaled 1.75 million bushels, up 35 percent from December 1, 2016.

Corn stored in all positions on December 1, 2017 totaled 12.5 billion bushels, up 1 percent from December 1, 2016. Of the total stocks, 7.74 billion bushels are stored on farms, up 2 percent from a year earlier. Off-farm stocks, at 4.78 billion bushels, are up slightly from a year ago. The September - November 2017 indicated disappearance is 4.38 billion bushels, compared with 4.50 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2017 totaled 3.16 billion bushels, up 9 percent from December 1, 2016. Soybean stocks stored on farms totaled 1.49 billion bushels, up 11 percent from a year ago. Off-farm stocks, at 1.67 billion bushels, are up 7 percent from last December. Indicated disappearance for September - November 2017 totaled 1.54 billion bushels, down 4 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2017 totaled 1.87 billion bushels, down 10 percent from a year ago. On-farm stocks are estimated at 393 million bushels, down 31 percent from last December. Off-farm stocks, at 1.48 billion bushels, are down 2 percent from a year ago. The September - November 2017 indicated disappearance is 393 million bushels, 16 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2017 totaled 66.8 million bushels, down 12 percent from the stocks on December 1, 2016. Of the total stocks on hand, 23.3 million bushels are stored on farms, down 23 percent from a year ago. Off-farm stocks totaled 43.5 million bushels, down 3 percent from the previous year. Indicated disappearance during September - November 2017 totaled 5.19 million bushels.

Iowa on-farm storage capacity on December 1, 2017, was 2.10 billion bushels, up 50 million from December 1, 2016, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Iowa's 880 offfarm storage facilities have a storage capacity of 1.47 billion bushels, up 40 million from the previous year.

As of December 1, 2017, Iowa had a total of 3.57 billion bushels of storage capacity, the largest total storage capacity of any State.

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