The USDA National Agricultural Statistics Service (NASS) released their annual 2021 Crop Production and their quarterly Grain Stocks reports on January 12, 2022 at noon EST. Summaries of these reports are posted to the AMBA website.
Production – Production was estimated at 118 million bushels, down 31 percent from the 2020 total of 171 million bushels. The average yield, at 60.4 bushels per acre, was down 16.8 bushels from the previous year. Producers seeded 2.66 million acres in 2021, down 2 percent from 2020. Harvested area, at 1.95 million acres, was down 12 percent from 2020.
Stocks – Barley stored in all positions on December 1, 2021 totaled 97.6 million bushels, down 34 percent from December 1, 2020. On-farm stocks are estimated at 43.1 million bushels, 49 percent below a year ago. Off-farm stocks, at 54.5 million bushels, are 14 percent below December 2020. The September – November 2021 indicated disappearance is 37.8 million bushels, 23 percent above the same period a year earlier.
Look for an updated Grain Stocks report and a Prospective Plantings report posted on the AMBA website on March 31, 2022.