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Corn And Soy Stocks Up In South Dakota

January 12, 2014, 2:56 PM

Corn And Soy Stocks Up In South Dakota
SIOUX FALLS, SD -

Stocks of corn and soybeans are up in South Dakota.

The U.S. Department of Agriculture says corn stocks on Dec. 1 totaled 644 million bushels, up 66 percent from the same date in 2012. Of that total, 410 million bushels are stored on farms, a 71 percent jump, and 234 million bushels are stored off-farm, a 59 percent rise.

The bushels of soybeans stored on Dec. 1 totaled 104 million, up 30 percent from last year. On-farm stocks are 48 million bushels, up 33 percent from a year ago. Off-farm stocks, at 56 million bushels, are up 26 percent from 2012.

All wheat stored totaled 50.9 million bushels, down 16 percent from a year ago. Oats in storage totaled 5.64 million bushels, more than double of last year's stocks.

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