The USDA National Agricultural Statistics Service (NASS) released their annual 2022 Crop Production and their quarterly Grain Stocks reports on January 12, 2023 at noon EST. Summaries of these reports are posted to the AMBA website.
Production was estimated at 174 million bushels, up 45 percent from the 2021 total of 120 million bushels. The average yield, at 71.7 bushels per acre, was up 11.4 bushels from the previous year. Producers seeded 2.95 million acres in 2022, up 9 percent from 2021. Harvested area, at 2.43 million acres, was up 22 percent from 2021.
Barley stored in all positions on December 1, 2022 totaled 114 million bushels, up 17 percent from December 1, 2021. On-farm stocks are estimated at 63.5 million bushels, 47 percent above a year ago. Off-farm stocks, at 50.2 million bushels, are 7 percent below December 2021. The September – November 2022 indicated disappearance is 51.9 million bushels, 36 percent above the same period a year earlier.
The next stocks report, along with the prospective plantings report will be posted on the AMBA website March 31, 2023.