Home Indiana Agriculture News US Corn and Soybean Stocks Down

US Corn and Soybean Stocks Down

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Corn Stocks Down 12 Percent from June 2012
Soybean Stocks Down 35 Percent
All Wheat Stocks Down 3 Percent

Corn stocks in all positions on June 1, 2013 totaled 2.76 billion bushels, 
down 12 percent from June 1, 2012. Of the total stocks, 1.26 billion bushels 
are stored on farms, down 15 percent from a year earlier. Off-farm stocks, at 
1.50 billion bushels, are down 10 percent from a year ago. The 
March - May 2013 indicated disappearance is 2.64 billion bushels, compared 
with 2.88 billion bushels during the same period last year.

Soybeans stored in all positions on June 1, 2013 totaled 435 million bushels, 
down 35 percent from June 1, 2012. On-farm stocks totaled 171 million 
bushels, down 4 percent from a year ago. Off-farm stocks, at 263 million 
bushels, are down 46 percent from a year ago. Indicated disappearance for the 
March - May 2013 quarter totaled 564 million bushels, down 20 percent from 
the same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2013 totaled 
718 million bushels, down 3 percent from a year ago. On-farm stocks are 
estimated at 120 million bushels, up 7 percent from last year. Off-farm 
stocks, at 598 million bushels, are down 5 percent from a year ago. The 
March - May 2013 indicated disappearance is 516 million bushels, up 
13 percent from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2013 totaled 
23.5 million bushels, down 8 percent from a year ago. On-farm stocks, at 
13.6 million bushels, are down 11 percent from June 1, 2012. Off-farm stocks 
totaled 9.86 million bushels, down 4 percent from a year ago. The 
March - May 2013 indicated disappearance of 19.0 million bushels is up 
84 percent from the same period a year earlier.

Old crop barley stocks in all positions on June 1, 2013 totaled 80.3 million 
bushels, up 34 percent from June 1, 2012. On-farm stocks are estimated at 
15.8 million bushels, 64 percent above a year ago. Off-farm stocks, at 
64.5 million bushels, are 28 percent above June 1, 2012. The March - May 2013 
indicated disappearance is 36.8 million bushels, 9 percent above the same 
period a year earlier.

Old crop oats stored in all positions on June 1, 2013 totaled 36.3 million 
bushels, 34 percent below the stocks on June 1, 2012. Of the total stocks on 
hand, 11.4 million bushels are stored on farms, 2 percent higher than a year 
ago. Off-farm stocks totaled 25.0 million bushels, 43 percent below the 
previous year. Indicated disappearance during March - May 2013 totaled 
16.3 million bushels, compared with 19.8 million bushels during the same 
period a year ago.

Grain sorghum stored in all positions on June 1, 2013 totaled 39.1 million 
bushels, down 33 percent from a year ago. On-farm stocks, at 2.71 million 
bushels, are down 34 percent from last year. Off-farm stocks, at 36.4 million 
bushels, are down 33 percent from June 1, 2012. The March - May 2013 
indicated disappearance from all positions is 52.4 million bushels, up 
6 percent from the same period last year.