Kansas is grappling with a substantial decline in grain stocks, as indicated by the latest report from the United States Department of Agriculture's National Agricultural Statistics Service. The report highlights a decrease in stored grain stocks across all major categories in comparison to the previous year.
The most significant decline was observed in sorghum, with stocks plummeting by 47% from 2022. Corn, wheat, and soybeans also experienced decreases in stored grain stocks, posing challenges for farmers and other stakeholders in the agricultural industry.
The USDA's Kansas Crop Production Report, released on June 9, forecasts a decrease in winter wheat production. The estimated yield for winter wheat is 29 bushels per acre, down by 8 bushels from the previous year. The total harvested winter wheat grain is expected to remain unchanged at 6.6 million acres.
Specifically, the USDA's March 31 report on grain stocks and prospective plantings reveals the following details:
Corn stocks decreased by 19% from the previous year, totaling 238 million bushels.
Soybean stocks experienced a significant decline of 27% compared to the previous year.
Planted acreage for soybeans is expected to decrease by 9%, amounting to 4.60 million acres.
Sorghum stocks saw a drastic decline of 47% from the previous year.
Farmers intend to decrease sorghum planted acreage by 5%, reaching 3.15 million acres.
Additionally, the report outlines changes in planted acreage for other crops in Kansas. All hay acreage is expected to decrease by 4% to 2.5 million acres. Sunflower producers plan to increase acreage by 52% to 64,000 acres. Oat planted acreage is estimated to rise by 18% to 130,000 acres. Canola planted acreage is projected to decline by 44% to 5,000 acres, matching the record low set in 2020. Barley planted acreage is expected to decrease by 20% to 12,000 acres, while cotton acreage is forecasted to decrease by 30% to 115,000 acres.
The report also highlights a significant decrease in wheat stocks, with a decline of 29% compared to the previous year.
The decline in grain stocks presents a considerable challenge for Kansas agriculture, necessitating strategic measures to address the implications for the industry.
Photo Credit: pixabay-mediamodifier
Categories: Kansas, Business