The USDA National Agricultural Statistics Service (NASS) released their annual 2024 Crop Production and their quarterly Grain Stocks reports on January 10, 2025 at noon EST. Summaries of these reports are posted to the AMBA website.
Production:
Production was estimated at 144 million bushels, down 23 percent from the 2023 total of 186 million bushels. The average yield, at 76.7 bushels per acre, was up 4.4 bushels from the previous year. Producers seeded 2.37 million acres in 2024, down 24 percent from 2023. Harvested area, at 1.88 million acres, was down 27 percent from 2023. Record high planted acres were estimated in Alaska. Record low planted acres were estimated in California, Minnesota, North Dakota, Oregon, and Utah. Record low harvested acres were estimated in South Dakota. Record high yields were estimated in Colorado, Kansas, North Dakota, Pennsylvania and Wyoming.
Stocks: Barley stored in all positions on December 1, 2024 totaled 117 million bushels, down 18 percent from December 1, 2023. On-farm stocks are estimated at 66.2 million bushels, 23 percent below a year ago. Off-farm stocks, at 50.6 million bushels, are 9 percent below December 2023. The September - November 2024 indicated disappearance is 37.3 million bushels, 2 percent below 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, 2025.