ND crop stocks highFARGO, N.D. (AP) — Stocks of wheat, corn, barley and sunflowers all are up dramatically in North Dakota.
FARGO, N.D. (AP) — Stocks of wheat, corn, barley and sunflowers all are up dramatically in North Dakota.
The federal Agriculture Department says all wheat stored in the state as of Sept. 1 totaled 367 million bushels, up 53 percent from the same period the previous year and at the highest level in 15 years.
Corn stocks were up 130 percent to just under 60 million bushels, while barley stocks were up 27 percent to 84 million bushels and sunflower stocks totaled 286 million pounds, up 71 percent.
Soybean stocks were down 33 percent to 3.12 million bushels.
Prices for many commodities have tanked with the global economic problems, leaving little incentive for farmers to sell. On-farm stocks of durum, spring wheat and winter wheat in North Dakota were up 97 percent over the year. On-farm corn stocks were at their highest level ever for Sept. 1.