Dec Grain Stocks Report, 2019 Crop Production Report, & Winter Wheat Seeding for 2020
Fri, 10 Jan 2020 13:58:53 CST
December Grain Stocks Report:
Corn stored in all positions on December 1, 2019 totaled 11.4 billion
bushels, down 5 percent from December 1, 2018. Of the total stocks,
7.18 billion bushels are stored on farms, down 4 percent from a year earlier.
Off-farm stocks, at 4.21 billion bushels, are down 6 percent from a year ago.
The September - November 2019 indicated disappearance is 4.52 billion
bushels, compared with 4.54 billion bushels during the same period last year.
Soybeans stored in all positions on December 1, 2019 totaled 3.25 billion
bushels, down 13 percent from December 1, 2018. Soybean stocks stored on
farms totaled 1.53 billion bushels, down 21 percent from a year ago. Off-farm
stocks, at 1.73 billion bushels, are down 5 percent from last December.
Indicated disappearance for September - November 2019 totaled 1.22 billion
bushels, up 8 percent from the same period a year earlier.
All wheat stored in all positions on December 1, 2019 totaled 1.83 billion
bushels, down 9 percent from a year ago. On-farm stocks are estimated at
519 million bushels, up 3 percent from last December. Off-farm stocks, at
1.31 billion bushels, are down 13 percent from a year ago. The
September - November 2019 indicated disappearance is 512 million bushels,
35 percent above the same period a year earlier.
2019 Crop Production Report:
Corn for grain production in 2019 was estimated at 13.7 billion bushels, down
5 percent from the revised 2018 estimate. The average yield in the
United States was estimated at 168.0 bushels per acre, 8.4 bushels below the
2018 yield of 176.4 bushels per acre. Area harvested for grain was estimated
at 81.5 million acres, up less than 1 percent from the revised 2018 estimate.
Soybean production in 2019 totaled 3.56 billion bushels, down 20 percent from 2018. The average yield per acre was estimated at 47.4 bushels, down
3.2 bushels from 2018. Harvested area was down 14 percent from 2018 to
75.0 million acres.
Winter Wheat Seedings:
Planted area for harvest in 2020 is estimated at 30.8 million
acres, down 1 percent from 2019 and down 5 percent from 2018. This represents the second lowest United States acreage on record. Seeding of the 2020 acreage was underway in mid-September but was behind the 5-year average pace. About a month into seeding, progress was at or ahead of the 5-year average for the remainder of seeding the 2020 acreage. Seeding was mostly complete by November 17, 2019.
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