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Minnesota Soybeans, Wheat, Barley Stocks Increase
Minnesota Ag Connection - 02/12/2019

Corn stored in all positions in Minnesota on December 1, 2018, totaled 1.29 billion bushels, down 15 percent from December 1, 2017, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Of the total stocks, 74 percent were stored on-farm. The September - November indicated disappearance totaled 309 million bushels, 36 percent more than the 228 million bushels from the same period last year.

Soybeans stored in all positions in Minnesota on December 1, 2018, totaled 339 million bushels, 10 percent above the 309 million bushels on hand December 1, 2017. Of the total stocks, 59 percent were stored on-farm. Indicated disappearance for September - November was 92.2 million bushels, 15 percent less than the 108 million bushels from the same quarter last year.

All wheat stored in all positions in Minnesota on December 1, 2018, totaled 93.8 million bushels, 16 percent more than December 1, 2017. Of the total stocks, 61 percent were stored on-farm. Indicated disappearance for September - November was 9.51 million bushels, 51 percent below the 19.5 million bushels from the same quarter last year.

Barley stored in all positions in Minnesota on December 1, 2018, totaled 8.71 million bushels, 21 percent less than the stocks on December 1, 2017. Of the total stocks, 37 percent were stored on-farm.

Minnesota on-farm storage capacity on December 1, 2018, was 1.55 billion bushels, unchanged from 2017, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Minnesota's 565 off-farm storage facilities had a storage capacity of 800 million bushels, up 5 percent from the previous year. As of December 1, 2018, Minnesota had a total of 2.35 billion bushels of storage capacity, up 2 percent from last year.

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