EAST LANSING, Mich. — On June 1, 2022, Indiana corn stocks totaled 305 million bushels, 17 percent above a year earlier, according to Nathaniel Warenski of USDA NASS, Indiana Field Office. About 48 percent of the corn was stored on farms. The third quarter disappearance was 242 million bushels, compared with 256 million bushels a year earlier.
Soybean stocks on June 1, 2022, were 74.8 million bushels. That was 12 percent higher than stocks a year earlier. The third quarter indicated disappearance was 90.7 million bushels, up 20 percent from the same period a year ago. Farm stocks of soybeans were 23.0 million bushels.
Wheat stocks on June 1, 2022, were 8.62 million bushels, 34 percent above a year ago. Fourth quarter indicated disappearance was 9.60 million bushels, compared with 5.17 million bushels last year. End of marketing stocks were approximately 30 percent of supply.
Nationally, corn stored in all positions on June 1, 2022, totaled 4.35 billion bushels, up 6 percent from June 1, 2021. Of the total stocks, 2.12 billion bushels were stored on farms, up 22 percent from a year earlier. Off-farm stocks, 2.23 billion bushels, were down 6 percent from a year ago. The March – May 2022 indicated disappearance was 3.41 billion bushels, compared with 3.58 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2022, totaled 971 million bushels, up 26 percent from June 1, 2021. Soybeans stocks on farms totaled 331 million bushels, up 51 percent from a year ago. Off-farm stocks, 640 million bushels, were up 17 percent from last June. Indicated disappearance for March – May 2022 totaled 960 million bushels, up 21 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2022, totaled 660 million bushels, down 22 percent from a year ago. On-farm stocks were estimated at 93.0 million bushels, down 34 percent from last June. Off-farm stocks, 567 million bushels, were down 19 percent from a year ago. The March – May 2022 indicated disappearance was 364 million bushels, 22 percent below the same period a year earlier.
— USDA National Agricultural Statistics Service