LINCOLN, Neb. (AP) — The U.S. Department of Agriculture says the amount of corn and wheat stored in Nebraska from past crops has dropped significantly.
The USDA said Friday that Nebraska corn stocks fell 21 percent from a year ago to 93.9 million bushels, the lowest since 1996. Of that total, only about 28 million bushels are being stored on farms, up 17 percent from a year ago. Off-farm holdings of 65.9 million bushels are down 31 percent from a year ago.
Wheat stockpiles are down 21 percent to 62 million bushels.
The USDA says about 17.7 million soybeans are stored in Nebraska. That's up 15 percent over last year at the same time.
Nebraska sorghum stockpiles declined 32 percent to 1.2 million bushels.