Corn stocks up 7 percent

Nebraska corn stocks in all positions on June 1, 2017 totaled 577 million bushels, up 7 percent from 2016, according to the USDA’s National Agricultural Statistics Service. Of the total, 305 million bushels are stored on farms, up 7 percent from a year ago. Off-farm stocks, at 272 million bushels, are up 7 percent from last year.

Soybeans stored in all positions totaled 71.4 million bushels, down 3 percent from last year. Onfarm stocks of 19.0 million bushels are down 17 percent from a year ago but off-farm stocks, at 52.4 million bushels, are up 4 percent from 2016.

Wheat stored in all positions totaled 43.7 million bushels, up 45 percent from a year ago. Onfarm stocks of 1.05 million bushels are up 5 percent from 2016 and off-farm stocks of 42.7 million bushels are up 47 percent from last year.

Sorghum stored in all positions totaled 2.69 million bushels, down 27 percent from 2016. Onfarm stocks of 150 thousand bushels are down 63 percent from a year ago and off-farm holdings of 2.54 million bushels are down 23 percent from last year.

On-farm oat stocks totaled 300 thousand bushels, down 17 percent from 2016.

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