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It depends on how low they can drop production down to. If they get into a situation where they are producing the minimum possible and it's still well in excess of sales, then they are lossing money warehousing them all.

I have no idea what's the minimum they can produce, so it's hard to say for certain, but I doubt we'll see a suspension of production. More likely they'll stockpile for holiday season sales (taking a loss if necessary). If the holidays season proves disasterous despite whatever big games they release, then come 2014 I suspect they would suspend, or possibly cease production. If WiiU sells well over the holidays, the stockpile depletes and they just continue on.