Sept. 1 soybean stocks in South Dakota are at record levels with barley and oats also up, while corn, all wheat, and sorghum are down, according to United States Department of Agriculture's South Dakota Agricultural Statistics Service Sept. 29.
Total stocks include grain on farms, grain in mills and elevators, grain in government storage bins, and grain stored under the farmer-owned Grain Reserve Program.
Soybean stocks totaled 16.9 million bushels, up 6% from last year. This was the highest Sept. 1 stocks on record. On-farm stocks, down 1 million from last year, represented 10.0 million bushels or 59% of the total, compared to 69% last Sept. Off-farm stocks totaled 6.9 million, up 41% from a year earlier.
All wheat stocks, at 112.0 million bushels, were down 16% from last year, but are 7% above the five-year average. On-farm stocks totaled 77.0 million, down 23% from the 100.0 million last year. Off-farm stocks, at 35 million, were up 4% from last Sept.
Corn stocks totaled 71.0 million bushels, down 7% from the 76.2 million on Sept. 1, 1999. This is 56% of the Sept. 1, 1987 record. On-farm stocks accounted for 54.0 million bushels, which were 3 million below last year. Off-farm stocks, at 17.0 million, are down 12% from last year.
Oat stocks, at 15.7 million bushels, were up 25% from Sept. 1, 1999. On-farm stocks were 14.0 million bushels, up 33% from 1999.
Barley stocks were 6.89 million bushels, up 59% from last year. On-farm stocks totaled 6.2 million bushels, up 63% from the previous year.
Sorghum off-farm stocks, at 51,000 bushels is 28% of last Sept. This is the lowest third quarter off-farm stocks total since 1977. On-farm stocks are not published.