It looks like Wisconsin farmers are hanging on to their corn and soybeans in hope that prices will improve! The latest numbers from the Wisconsin Ag Statistical Service bear that out!
Corn stored in all positions in Wisconsin on December 1, 2017, totaled 443 million bushels according to the latest USDA,
National Agricultural Statistics Service – Grain Stocks report. This is a marginal decrease from a year ago. Of the total
stocks, 63 percent were stored in on-farm storage facilities. The indicated quarterly disappearance from September –
November totaled 179 million bushels, 11 percent less than the 202 million bushels from the same period last year.
Soybeans stored in all positions in Wisconsin on December 1, 2017, totaled 74.0 million bushels, the largest amount on
record, 11 percent higher than the previous record of 66.9 million bushels on hand December 1, 2016. Of the total
stocks, 38 percent were stored on-farm. Indicated disappearance for September – November was 35.6 million bushels,
23 percent less than the 46.0 million bushels from the same period last year.
Oats stored on-farm in Wisconsin on December 1, 2017, totaled 2.35 million bushels, down 16 percent from
December 1, 2016.
All hay stored on Wisconsin farms as of December 1, 2017, is estimated at 2.65 million tons, a decrease of 17 percent from December 1, 2016, according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Disappearance from May 1, 2017, through December 1, 2017, totaled 1.65 million tons, compared with 1.54 million tons for the same period in 2016.
