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Nebraska 2023 Annual Crop Production Summary

LINCOLN, Neb. January 12, 2024 - Corn for grain production i...

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Nebraska December 1, 2023 Grain and Hay Stocks

Jan 17, 2024 (0)

Nebraska corn stocks in all positions on December 1, 2023 totaled 1.35 billion bushels, up 34% from 2022, according to the USDA's National Agricultural Statistics Service. Of the total, 890 million bushels are stored on farms, up 46% from a year ago. Off-farm stocks, at 457 million bushels, are up 15% from last year.

Soybeans stored in all positions totaled 214 million bushels, up 16% from last year. On-farm stocks of 87.0 million bushels are up 64% from a year ago, while off-farm stocks, at 127 million bushels, are down 3% from 2022.

Wheat stored in all positions totaled 25.1 million bushels, up 12% from a year ago. On-farm stocks of 3.60 million bushels are up 112% from 2022, and off-farm stocks of 21.5 million bushels are up 4% from last year.

Sorghum stored in all positions totaled 11.3 million bushels, up 58% from last year. On-farm stocks of 1.60 million bushels are up 33% and off farm holdings of 9.72 million bushels are up 63% from last year.

Oat stocks stored in all positions totaled 1.99 million bushels, up 118% from last year. On-farm stocks of 380,000 are up 36% and off farm holdings of 1.61 million are up 154%.

Hay stocks on Nebraska farms totaled 3.85 million tons, up 28% from last year.

Grain storage capacity in Nebraska totaled 2.19 billion bushels, unchanged from December 1, 2022. Total grain storage capacity is comprised of 1.20 billion bushels of on-farm storage, unchanged from last year, and 990 million bushels of off-farm storage, unchanged from last year.

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