Farmers have less grain in storage when compared to 2019.
As of March 1, North Dakota corn stocks totaled 268 million bushels, up 9 percent from a year ago. Wheat stocks stored totaled 202 million bushels, down 15 percent from a year ago, while soybean stocks dropped nearly 40 from last year to 79.4 million bushels.
In Minnesota, stored corn totaled 867 million bushels, down 10 percent from March 1 of 2019. Soybean stocks totaled 218 million bushels, down nearly 20 percent from last year. Wheat stocks are up nearly 10 percent from 2019 to 73 million bushels.
Comments