NW Wheat Stocks In Storage Dip 40% Year-Over-Year

NW Wheat Stocks In Storage Dip 40% Year-Over-Year
From Pacific Northwest Ag Net

According to NASS, all wheat stocks stored in the Pacific Northwest dropped 40% from September 1st, 2020. In Idaho stored wheat totaled 65.6 million bushels, down from 106 million bushels a year ago. Off-farm stocks were down 40%, while on-farm stocks were down 35% compared to the previous year. In Oregon, wheat stored topped out at 22.8 million bushels, down from 49.4 million bushels in 2020. Off-farm stocks were down 56%, while on-farm stocks were down 46% compared to the previous year. In Washington, 114 million bushels of wheat were in storage to start September, down from 182 million bushels a year ago. Off-farm stocks were down 34%, while on-farm stocks were down 57% compared to the previous year.

Nationally, wheat stored in all positions totaled 1.78 billion bushels, down from 2.16 billion bushels a year ago. Off-farm stocks were down 6%, while on-farm stocks were down 41% compared to the previous year.
Barley stocks in all positions on September 1st, 2021 totaled 43.9 million bushels in Idaho, down from 52.2 million bushels a year ago. Off-farm stocks were down 28%, while on-farm stocks were down 7% compared to the previous year. In Oregon, barley stored in all positions totaled 861,000 bushels, down from 1.35 million bushels a year ago. Off-farm stocks were down 46%, while on-farm stocks were down 20% compared to the previous year. In Washington, barley stored in all positions totaled 5.44 million bushels, down from 8.70 million bushels a year ago. Off-farm stocks were down 33% bushels, while on-farm stocks were down 50% compared to the previous year. Nationally, barley stored in all positions totaled 135 million bushels, down from 179 million bushels a year ago. Off-farm stocks were down 18%, while on-farm stocks were down 29% compared to the previous year.
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