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HOGS AND PIGS
Corn Stocks Up Sharply
Soybean Stocks Down 28 Percent
Old-crop corn stored in all positions on September 1, 1997, is estimated at 884 million bushels, up 108 percent from September 1, 1996, but still 43 percent below the September 1, 1995 level. On-farm stocks, at 475 million bushels, are up 142 percent from September 1, 1996. Off-farm stocks, at 409 million, are up 78 percent from last year. The indicated disappearance from all positions for the June-August quarter is 1.61 billion bushels, 25 percent above the disappearance for the same quarter a year earlier.
Old-crop sorghum in all positions September 1, 1997, totaled 47.0 million bushels, up 156 percent from a year ago. Off-farm stocks , at 31.6 million bushels, are up 145 percent from last year and account for 67 percent of total stocks. On-farm stocks, at 15.5 million bushels, are up 182 percent from last year. The June- August 1997 disappearance from all positions is 70.3 million bushels, up 35 percent from last year.
Old-crop soybeans stored in all positions on September 1, 1997 totaled 132 million bushels, down 28 percent from September 1, 1996. This is the lowest ending stocks since the 1976 crop year. On-farm stocks, estimated at 44 million bushels, were down 27 percent from the same period last year. Off-farm stocks totaled 88 million bushels, down 29 percent from 1996. Indicated disappearance during the September 1996-August 1997 marketing year totaled 2.43 billion bushels compared to 2.33 billion bushels during the same period one year ago.
The 1996 soybean production remains unchanged at 2.38 billion bushels. Planted and harvested acres are also unchanged from the previous 1996 estimate. The 1996 yield per acre remains at 37.6 bushels.
Barley stocks in all positions on September 1, 1997 are estimated at 326 million bushels, 3 percent above the stocks of September 1, 1996. Of the total barley stocks on hand, 196 million bushels are stored on farms, 1 percent above a year ago. September 1, 1997 off-farm stocks are 7 percent above last year at 131 million bushels. Indicated disappearance during the June-August quarter totaled 158 million bushels, 12 percent below the same period a year earlier.
All wheat stocks in all storage positions September 1, 1997 is estimated at 2.07 billion bushels, up 20 percent from September 1, 1996. Farm stocks total 794 million bushels, and off-farm stocks are 1.28 billion bushels. The on-farm total is down 4 percent from a year ago, but the off-farm level is up 42 percent. All wheat disappearance for the first quarter of the 1997-98 marketing year totals 897 million bushels, down 4 percent from the same period a year ago.
Durum wheat stored in all positions on September 1, 1997 totaled 87.8 million bushels, down 14 percent from last September. On farm stocks, at 51.0 million bushels, are down 36 percent from last year. Disappearance from all positions is 29.1 million bushels, down 26 percent from June-August 1996. Oats stored in all positions on September 1, 1997 totaled 155 million bushels, 16 percent above the stocks on September 1, 1996. Of the total stocks on hand, 106 million bushels were stored on farm, 13 percent above this time last year. Off-farm stocks totaled 49 million bushels, 24 percent above a year earlier. Indicated disappearance during the June-August quarter totaled 88 million bushels, fractionally below the same period a year ago.
Hogs And Pigs On U.S. Farms
The USDA reported hogs and pigs inventory versus year ago on September 1 (1,000 head)
1995 1996 1997 %-X All Hogs & Pigs 60,540 58,200 60,250 104 Kept for Breeding 6,898 6,770 6,951 103 For Market 53,642 51,430 53,299 104
For Market By Weight 1995 1996 1997 %-X Under 60 lbs. 20,235 19,330 20,409 106 60-119 lbs. 13,532 12,800 13,031 102 120-179 10,985 10,600 10,864 102 180 lbs. and over 8,890 8,700 8,995 103
Sow Farrowings 1996 1997 1998 % Dec-Feb-Y,Z 2,745 2,667 2,880 108-V Mar-May-Z 2,964 2,952 100-X Dec-May-Y,Z 5,709 5,629 99-X Jun-Aug 2,761 2,898 105-X Sep-Nov 2,717 2,894 107-X Jun-Nov 5,478 2,792 106-X
Pig Crop (1,000 head) 1995 1996 1997 %-X Dec-Feb-Y 23,851 23,054 23,069 100 Mar-May 26,373 25,092 25,548 102 Dec-May-Y 50,224 48,146 48,617 101 Jun-Aug 24,813 23,667 25,209 107 Sep-Nov 23,479 23,159 Jun-Nov 48,292 46,826
Pigs per litter 1995 1996 1997 %-X Dec-Feb-Y 8.27 8.40 8.62 103 Mar-May 8.32 8.47 8.65 102 Dec-May-Y 8.29 8.43 8.28 100 Jun-Aug 8.34 8.57 8.70 102 Sep-Nov 8.34 8.52 Jun-Nov 8.34 8.55
V<197>1998 as percent of 1997. W<197>Actual farrowings for June-August plus intentions for September-November. X<197>1997 as percent of 1996. Y<197>December prior year. Z<197>Intentions for 1997.
17-State Hog and Pig On Farms
The USDA reported hogs and pigs on farms in the 17 major producing states on September 1 (1,000 head)"
1995 1996 1997 %-X All Hogs & Pigs 55,920 53,700 55,870 104 Kept for Breeding 6,390 6,120 6,320 103 Market 49,530 47,580 49,550 104For Market By Weight 1995 1996 1997 %-X Under 60 lbs. 18,475 17,720 18,850 106 60-119 lbs. 12,470 11,900 12,180 102 120-179 10,265 9,850 10,110 103 180 lbs. and over 8,320 8,110 8,410 104
Sow Farrowings 1996 1997 1998 % Dec-Feb-Y,Z 2,525 2,467 2,649 107-V Mar-May-Z 2,714 2,70 210 0-X Dec-May-Y,Z 5,239 5,169 99-X Jun-Aug 2,525 2,661 105-X Sep-Nov 2,492 2,665 107-X Jun-Nov 5,017 5,326 106-X
Pig Crop (1,000 head) 1995 1996 1997 %-X Dec-Feb-Y 21,927 21,272 21,305 100 Mar-May 24,304 23,042 23,448 102 Dec-May-Y 46,231 44,314 44,753 101 Jun-Aug 22,818 21,653 23,207 107 Sep-Nov 21,600 21,279 Jun-Nov 44,418 42,932
Pigs per litter 1995 1996 1997 %-X Dec-Feb-Y 8.29 8.42 8.64 103 Mar-May 8.35 8.49 8.68 102 Dec-May-Y 8.32 8.46 8.66 102 Jun-Aug 8.36 8.58 8.72 102 Sep-Nov 8.36 8.54 Jun-Nov 8.36 8.56
V<197>1998 as percent of 1997.
W<197>Actual farrowings for June-August plus intentions for September-November.
X<197>1997 as percent of 1996. Y<197>December prior year.
Z<197>Intentions for 1997.
September 26, 1997 NASS, USDA
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