EAST LANSING, Mich. — On June 1, 2021, Indiana corn stocks totaled 260 million bushels, 6 percent below a year earlier, according to Nathaniel Warenski of USDA NASS, Indiana Field Office. About 40 percent of the corn was stored on farms. The third quarter disappearance was 256 million bushels, compared with 214 million bushels a year earlier.
Soybean stocks on June 1, 2021, were 66.9 million bushels. That was 30 percent lower than stocks a year earlier. The third quarter indicated disappearance was 75.6 million bushels, down 5 percent from the same period a year ago. Farm stocks of soybeans were 19.5 million bushels.
Wheat stocks on June 1, 2021, were 6.43 million bushels, 40 percent below a year ago. Fourth quarter indicated disappearance was 5.17 million bushels, compared with 2.68 million bushels last year. End of marketing stocks were approximately 23 percent of supply.
Nationally, corn stocks in all positions on June 1, 2021, totaled 4.11 billion bushels, down 18 percent from June 1, 2020. Of the total stocks, 1.74 billion bushels were stored on farms, down 39 percent from a year earlier. Off-farm stocks, 2.37 billion bushels, were up 11 percent from a year ago. The March – May 2021 indicated disappearance was 3.58 billion bushels, compared with 2.95 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2021, totaled 767 million bushels, down 44 percent from June 1, 2020. Soybean stocks stored on farms totaled 220 million bushels, down 65 percent from a year ago. Off-farm stocks, 547 million bushels, were down 27 percent from last June. Indicated disappearance for March – May 2021 totaled 795 million bushels, down 9 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2021, totaled 844 million bushels, down 18 percent from a year ago. On-farm stocks were estimated at 142 million bushels, down 38 percent from last June. Off-farm stocks, 702 million bushels, were down 12 percent from a year ago. The March – May 2021 indicated disappearance was 467 million bushels, 21 percent above the same period a year earlier.
— USDA National Agricultural Statistics Service
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