USDA Reports On Grain Stocks, Storage Capacity, Hay Stocks

Date posted - January 15, 2016

usda_logoNorthwest Iowa — Earlier this week the USDA released reports on grain stocks, storage capacity, and Hay stocks in the state of Iowa.

The report showed Iowa corn stocks in all positions on December 1, 2015, totaled 2.19 billion bushels, up 7 percent from December 1, 2014, 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 2015 indicated disappearance totaled 678 million bushels, 16 percent above the 587 million bushels used during the same period last year.

Iowa soybeans stored in all positions on December 1, 2015, totaled 457 million bushels, up 12 percent from the 409 million bushels on
hand December 1, 2014. Of the total stocks, 43 percent were stored on-farm. Indicated disappearance for September – November 2015
is 131 million bushels, 17 percent more than the 111 million bushels used during the same quarter last year.

Iowa oats stocks stored on-farm on December 1, 2015, totaled 1.6 million bushels, equal to the stocks on December 1, 2014.  For a look at the complete Grain Stocks Report, click here.

Iowa on-farm storage capacity on December 1, 2015, was 2.00 billion bushels, unchanged from December 1, 2014, according to the latest USDA, National Agricultural Statistics Service – Grain Stocks report. Iowa’s 900 off-farm storage facilities have a storage capacity of 1.50 billion bushels, 70 million bushels above the previous year. As of December 1, 2015, Iowa had a total of 3.50 billion bushels of storage capacity, the largest total storage capacity of any State.  Click here to view the On-Farm Storage Capacity Report.

The USDA also reported on dry hay storage in the Hawkeye State.  Dry hay stored on Iowa farms as of December 1, 2015, is estimated at 3.28 million tons, an increase of 11 percent from December 2014 according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Disappearance from May 1, 2015, through December 1, 2015, totaled 1.36 million tons, compared with 1.14 million tons for the same period in 2014.  For a look at the full report, click here.

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