EAST LANSING, Mich. — On December 1, 2019, Indiana corn stocks totaled 739 million bushels, 14 percent below a year earlier, according to Greg Matli, State Statistician, USDA NASS, Indiana Field Office.
About 69 percent of the corn was stored on farms. The first quarter disappearance was 203 million bushels, compared with 229 million bushels a year earlier.
Soybean stocks on December 1, 2019, were 254 million bushels. That was 14 percent lower than stocks a year earlier. The first quarter indicated disappearance was 65.1 million bushels, compared with 68.9 million bushels during the same period a year ago. Farm stocks of soybeans were 150 million bushels.
Wheat stocks on December 1, 2019, were 19.7 million bushels, 41 percent below a year ago. About 97 percent of all wheat stocks were in commercial storage. Second quarter indicated disappearance was 3.89 million bushels, approximately 12 percent of supply.
U.S. corn stored in all positions on December 1, 2019, totaled 11.4 billion bushels, down 5 percent from December 1, 2018. Of the total stocks, 7.18 billion bushels were stored on farms, down 4 percent from a year earlier. Off-farm stocks, 4.21 billion bushels, were down 6 percent from a year ago. The September – November 2019 indicated disappearance was 4.52 billion bushels, compared with 4.54 billion bushels during the same period last year.
Soybeans stored in all positions on December 1, 2019, totaled 3.25 billion bushels, down 13 percent from December 1, 2018. Soybean stocks stored on farms were estimated at 1.53 billion bushels, down 21 percent from a year ago. Off-farm stocks, 1.73 billion bushels, were down 5 percent from last December. Indicated disappearance for the September – November 2019 quarter totaled 1.22 billion bushels, up 8 percent from the same period a year earlier.
All wheat stored in all positions on December 1, 2019, totaled 1.83 billion bushels, down 9 percent from a year ago. On-farm stocks were estimated at 519 million bushels, up 3 percent from last December. Off-farm stocks, 1.31 billion bushels, were down 13 percent from a year ago. The September – November 2019 indicated disappearance was 512 million bushels, 35 percent above the same period a year earlier.
— USDA National Agricultural Statistics Service, Indiana Field Office
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