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USDA Planted Acreage and Grain Stocks Report

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Planted Acreage Report

Released June 30, 2016, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, United States Department of
Agriculture (USDA).

Corn Planted Acreage Up 7 Percent from 2015
Soybean Acreage Up 1 Percent
All Wheat Acreage Down 7 Percent

Corn planted area for all purposes in 2016 is estimated at 94.1 million
acres, up 7 percent from last year. This represents the third highest planted
acreage in the United States since 1944. Area harvested for grain, at
86.6 million acres, is up 7 percent from last year and represents the third
highest area harvested for grain since 1933.

Soybean planted area for 2016 is estimated at a record high 83.7 million
acres, up 1 percent from last year. Area for harvest, at 83.0 million acres,
is also up 1 percent from 2015 and will be a record high if realized. Record
high planted acreage is estimated in Michigan, Minnesota, New York, North
Dakota, Ohio, Pennsylvania, and Wisconsin.

All wheat planted area for 2016 is estimated at 50.8 million acres, down
7 percent from 2015. The 2016 winter wheat planted area, at 36.5 million
acres, is down 7 percent from last year but up 1 percent from the previous
estimate. Of this total, about 26.5 million acres are Hard Red Winter,
6.58 million acres are Soft Red Winter, and 3.42 million acres are White
Winter. Area planted to other spring wheat for 2016 is estimated at
12.1 million acres, down 8 percent from 2015. Of this total, about
11.4 million acres are Hard Red Spring wheat. Durum planted area for 2016 is
estimated at 2.15 million acres, up 11 percent from the previous year.

Download the full acreage report here.

Grain Stocks Report

Released June 30, 2016, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, United States Department of
Agriculture (USDA).

Corn Stocks Up 6 Percent from June 2015
Soybean Stocks Up 39 Percent
All Wheat Stocks Up 30 Percent

Corn stocks in all positions on June 1, 2016 totaled 4.72 billion bushels, up
6 percent from June 1, 2015. Of the total stocks, 2.47 billion bushels are
stored on farms, up 9 percent from a year earlier. Off-farm stocks, at
2.25 billion bushels, are up 3 percent from a year ago. The March – May 2016
indicated disappearance is 3.10 billion bushels, compared with 3.30 billion
bushels during the same period last year.

Soybeans stored in all positions on June 1, 2016 totaled 870 million bushels,
up 39 percent from June 1, 2015. On-farm stocks totaled 281 million bushels,
up 14 percent from a year ago. Off-farm stocks, at 589 million bushels, are
up 55 percent from a year ago. Indicated disappearance for the
March – May 2016 quarter totaled 661 million bushels, down 5 percent from the
same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2016 totaled
981 million bushels, up 30 percent from a year ago. On-farm stocks are
estimated at 197 million bushels, up 27 percent from last year. Off-farm
stocks, at 784 million bushels, are up 31 percent from a year ago. The
March – May 2016 indicated disappearance is 391 million bushels, up 1 percent
from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2016 totaled
27.9 million bushels, up 9 percent from a year ago. On-farm stocks, at
12.2 million bushels, are up 19 percent from June 1, 2015. Off-farm stocks
totaled 15.7 million bushels, up 2 percent from a year ago. The
March – May 2016 indicated disappearance of 14.7 million bushels is up
22 percent from the same period a year earlier.

Download the grain stocks report here.