Home Indiana Agriculture News National Corn Soybean and Wheat Planted Acres Up but Stocks Lowered

National Corn Soybean and Wheat Planted Acres Up but Stocks Lowered

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Corn planted area for all purposes in 2012 is estimated at 96.4 million acres, up 5 percent from last year and represents the highest planted acreage in the United States since 1937 when an estimated 97.2 million acres were planted. Growers expect to harvest 88.9 million acres for grain, up 6 percent from last year. Planted corn acres in Indiana jumps from 5.9 million in 2011 to 6.2 million acres in 2012.

Soybean planted area for 2012 is estimated at 76.1 million acres, up 1 percent from last year and is the third highest on record. Area for harvest, at 75.3 million acres, is up 2 percent from 2011. Record high planted acreage is estimated in New York, North Dakota, and Pennsylvania, and the planted area in South Dakota ties the previous record high. In Indiana bean acreage drops this year to 5 million compared to last year’s 5.3 million acres.

All wheat planted area is estimated at 56.0 million acres, up 3 percent from 2011. The 2012 winter wheat planted area, at 41.8 million acres, is up 3 percent from last year and up slightly from the previous estimate. Of this total, about 30.0 million acres are Hard Red Winter, 8.3 million acres are Soft Red Winter, and 3.5 million acres are White Winter.

Area planted to other spring wheat for 2012 is estimated at 12.0 million acres, down 3 percent from 2011. Of this total, about 11.4 million acres are Hard Red Spring wheat. Durum planted area for 2012 is estimated at 2.20 million acres, up 61 percent from the previous year.

All cotton planted area for 2012 is estimated at 12.6 million acres, 14 percent below last year. Upland area is estimated at 12.4 million acres, down 14 percent from 2011. American Pima area is estimated at 235,000 acres, down 24 percent from 2011.

Corn Stocks Down 14 Percent from June 2011, Soybean Stocks Up 8 Percent, All Wheat Stocks Down 14 Percent

Corn stocks in all positions on June 1, 2012 totaled 3.15 billion bushels, down 14 percent from June 1, 2011. Of the total stocks, 1.48 billion bushels are stored on farms, down 12 percent from a year earlier. Off-farm stocks, at 1.67 billion bushels, are down 16 percent from a year ago. The March РMay 2012 indicated disappearance is 2.87 billion bushels, compared with 2.85 billion bushels during the same period last year.

Soybeans stored in all positions on June 1, 2012 totaled 667 million bushels, up 8 percent from June 1, 2011. On-farm stocks totaled 179 million bushels, down 18 percent from a year ago. Off-farm stocks, at 488 million bushels, are up 22 percent from a year ago. Indicated disappearance for the March – May 2012 quarter totaled 707 million bushels, up 12 percent from the same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2012 totaled 743 million bushels, down 14 percent from a year ago. On-farm stocks are estimated at 112 million bushels, down 14 percent from last year. Off-farm stocks, at 631 million bushels, are down 14 percent from a year ago. The March – May 2012 indicated disappearance is 457 million bushels, down 19 percent from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2012 totaled 25.6 million bushels, down 28 percent from a year ago. On-farm stocks, at 15.2 million bushels, are down 31 percent from June 1, 2011. Off-farm stocks totaled 10.4 million bushels, down 22 percent from a year ago. The March – May 2012 indicated disappearance of 10.2 million bushels is down 51 percent from the same period a year earlier.

Source: NASS