EAST LANSING, Mich. — On June 1, 2020, Indiana corn stocks totaled 303 million bushels, 12 percent below a year earlier, according to USDA NASS, Great Lakes Regional Office. About 54 percent of the corn was stored on farms. The third quarter disappearance was 188 million bushels, compared with 255 million bushels a year earlier.
Soybean stocks on June 1, 2020, were 99.9 million bushels. That was 14 percent lower than stocks a year earlier. The third quarter indicated disappearance was 74.4 million bushels, compared with 85.1 million bushels during the same period a year ago. Farm stocks of soybeans were 42.0 million bushels.
Wheat stocks on June 1, 2020, were 10.8 million bushels, 35 percent below a year ago. About 99 percent of all wheat stocks were in commercial storage. Fourth quarter indicated disappearance was 2.68 million bushels, approximately 8 percent of supply.
Corn stored in all positions on June 1, 2020, totaled 5.22 billion bushels, up less than 1 percent from June 1, 2019. Of the total stocks, 3.03 billion bushels were stored on farms, up 3 percent from a year earlier. Off-farm stocks, 2.20 billion bushels, were down 2 percent from a year ago. The March – May 2020 indicated disappearance was 2.73 billion bushels, compared with 3.41 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2020, totaled 1.39 billion bushels, down 22 percent from June 1, 2019. Soybean stocks stored on farms were estimated at 633 million bushels, down 13 percent from a year ago. Off-farm stocks, 753 million bushels, were down 28 percent from last June. Indicated disappearance for the March – May 2020 quarter totaled 869 million bushels, down 8 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2020, totaled 1.04 billion bushels, down 3 percent from a year ago. On-farm stocks were estimated at 232 million bushels, up 12 percent from last June. Off-farm stocks, 812 million bushels, were down 7 percent from a year ago. The March – May 2020 indicated disappearance was 372 million bushels, down 28 percent from the same period a year earlier.
— USDA National Agricultural Statistics Service
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