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State Hay Stocks Down 17 Percent, a Record Low
Minnesota Ag Connection - 01/13/2020

Corn stored in all positions in Minnesota on December 1, 2019, totaled 1.23 billion bushels, down 4 percent from December 1, 2018, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Of the total stocks, 75 percent were stored on-farm. The September - November 2019 indicated disappearance totaled 294 million bushels, 3 percent less than the 304 million bushels from the same period the previous year.

Soybeans stored in all positions in Minnesota on December 1, 2019, totaled 294 million bushels, 13 percent below the 339 million bushels on hand December 1, 2018. Of the total stocks, 56 percent were stored on-farm. Indicated disappearance for September - November 2019 was 97.8 million bushels, 26 percent more than the 77.6 million bushels from the same period the previous year.

All wheat stored in all positions in Minnesota on December 1, 2019, totaled 94.5 million bushels, 1 percent more than December 1, 2018. Of the total stocks, 57 percent were stored on-farm. Indicated disappearance for September - November 2019 was 16.8 million bushels, 77 percent more than the 9.49 million bushels from the same period the previous year.

All hay stored on Minnesota farms as of December 1, 2019, is estimated at 1.69 million tons, a decrease of 17 percent from December 1, 2018, according to the latest USDA, National Agricultural Statistics Service -- Crop Production report. This is a record low amount of hay stored on December 1, continuing the recent downward trend. Disappearance from May 1, 2019, through December 1, 2019, totaled 1.56 million tons, compared with 1.60 million tons for the same period in 2018.

All hay stored on United States farms as of December 1, 2019 totaled 84.5 million tons, up 7 percent from the previous December. Disappearance from May 1, 2019 - December 1, 2019 totaled 59.3 million tons, compared with 59.9 million tons for the same period a year earlier. The largest increases in stocks from one year ago were seen in Kansas, Missouri, Montana, South Dakota, and Texas, all resulting from increases in dry hay production.

December 1 hay stocks levels were record lows in Connecticut, Illinois, Indiana, Maine, Minnesota, Pennsylvania, and Rhode Island.

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