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Ohio On-Farm Wheat Stocks Up 28 Percent
Ohio Ag Connection - 02/12/2019

On December 1, 2018, Ohio corn stocks totaled 529 million bushels, approximately 21 percent above a year earlier, according to Cheryl Turner, state statistician, USDA NASS, Ohio Field Office. This was a record high for December 1. About 70 percent of the corn was stored on farms. The first quarter disappearance was 174 million bushels, compared with 187 million bushels a year earlier. Soybean stocks on December 1, 2018, were 252 million bushels. That was 26 percent higher than stocks a year earlier and also a record high. The first quarter indicated disappearance was 61.4 million bushels, compared with 71.5 million bushels during the same period a year ago. Farm stocks of soybeans were 150 million bushels. Wheat stocks on December 1, 2018, were 73.4 million bushels, 4 percent above a year ago. About 98 percent of wheat stocks were in commercial storage. Second quarter indicated disappearance was 3.4 million bushels, compared with 8.8 million bushels during the same period last year.

Corn stocks in all positions on December 1, 2018, totaled 12.0 billion bushels, down 5 percent from December 1, 2017. Of the total stocks, 7.45 billion bushels were stored on farms, down 4 percent from a year earlier. Off-farm stocks, 4.50 billion bushels, were down 7 percent from a year ago. The September -- November 2018 indicated disappearance was 4.61 billion bushels, compared with 4.34 billion bushels during the same period last year. Soybeans stored in all positions on December 1, 2018, totaled 3.74 billion bushels, up 18 percent from December 1, 2017. Soybean stocks stored on farms were estimated at 1.94 billion bushels, up 30 percent from a year ago. Off-farm stocks, 1.80 billion bushels, were up 7 percent from last December.

Indicated disappearance for the September -- November 2018 quarter totaled 1.25 billion bushels, down 20 percent from the same period a year earlier. All wheat stored in all positions on December 1, 2018, totaled 2.00 billion bushels, up 7 percent from a year ago. On-farm stocks were estimated at 504 million bushels, up 28 percent from last December. Off-farm stocks, 1.50 billion bushels, were up 1 percent from a year ago. The September -- November 2018 indicated disappearance was 390 million bushels, down 1 percent from the same period a year earlier.

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