EAST LANSING, Mich. — On March 1, 2022, Indiana corn stocks totaled 548 million bushels, 6 percent above a year earlier, according to Nathanial Warenski of USDA NASS, Indiana Field Office. About 57 percent of the corn was stored on farms. The second quarter disappearance was 336 million bushels, compared with 313 million bushels a year earlier.
Soybean stocks on March 1, 2022, were 165 million bushels. That was 16 percent higher than stocks a year earlier. Farm stocks of soybeans were 70.0 million bushels. The second quarter indicated disappearance was 107 million bushels, compared with 106 million bushels during the same period last year.
Wheat stocks on March 1, 2022, were 18.2 million bushels, 57 percent above a year ago. Third quarter indicated disappearance was 4.06 million bushels, compared with 5.62 million bushels last year.
Nationally, corn stored in all positions on March 1, 2022, totaled 7.85 billion bushels, up 2 percent from March 1, 2021. Of the total stocks, 4.08 billion bushels were stored on farms, up 1 percent from a year earlier. Off-farm stocks, 3.77 billion bushels, were up 3 percent from a year ago. The December 2021 – February 2022 indicated disappearance was 3.79 billion bushels, compared with 3.60 billion bushels during the same period last year.
Soybeans stored in all positions on March 1, 2022, totaled 1.93 billion bushels, up 24 percent from March 1, 2021. Soybean stocks stored on farms totaled 750 million bushels, up 26 percent from a year ago. Off-farm stocks, 1.18 billion bushels, were up 22 percent from last March. Indicated disappearance for December 2021 – February 2022 totaled 1.22 billion bushels, down 12 percent from the same period a year earlier.
All wheat stored in all positions on March 1, 2022, totaled 1.02 billion bushels, down 22 percent from a year ago. On-farm stocks were estimated at 174 million bushels, down 39 percent from last March. Off-farm stocks, 850 million bushels, were down 17 percent from a year ago. The December 2021 – February 2022 indicated disappearance was 353 million bushels, 10 percent below the same period a year earlier.
— USDA National Agricultural Statistics Service