LANSING, Mich. — On September 1, 2019, Indiana corn stocks totaled 120 million bushels, 5 percent below a year earlier, according to Greg Matli, State Statistician, USDA NASS, Indiana Field Office. About 38 percent of the corn was stored on farms. The fourth quarter disappearance was 226 million bushels, compared with 189 million bushels a year earlier.
Soybean stocks on September 1, 2019, were 45.5 million bushels. That was 107 percent higher than stocks a year earlier and a September 1 record high. The fourth quarter indicated disappearance was 70.2 million bushels, compared with 52.9 million bushels during the same period a year ago. Farm stocks of soybeans were 12.5 million bushels.
Wheat stocks on September 1, 2019, were 23.6 million bushels, 42 percent below a year ago. Ninety-two percent of all wheat stocks were in commercial storage. First quarter indicated disappearance was 9.06 million bushels, approximately 28 percent of supply.
U.S. old crop corn stocks in all positions on September 1, 2019, totaled 2.11 billion bushels, down 1 percent from September 1, 2018. Of the total stocks, 753 million bushels were stored on farms, up 22 percent from a year earlier. Off-farm stocks, 1.36 billion bushels, were down 10 percent from a year ago. The June – August 2019 indicated disappearance was 3.09 billion bushels, compared with 3.16 billion bushels during the same period last year.
U.S. old crop soybeans stored in all positions on September 1, 2019, totaled 913 million bushels, up 108 percent from September 1, 2018. Soybean stocks stored on farms were estimated at 265 million bushels, up 162 percent from a year ago. Off-farm stocks, 648 million bushels, were up 92 percent from last September. Indicated disappearance for the June – August 2019 quarter totaled 870 million bushels, up 11 percent from the same period a year earlier.
U.S. all wheat stored in all positions on September 1, 2019, totaled 2.38 billion bushels, down slightly from a year ago. On-farm stocks were estimated at 776 million bushels, up 23 percent from last September. Off-farm stocks, 1.61 billion bushels, were down 8 percent from a year ago. The June – August 2019 indicated disappearance was 657 million bushels, 11 percent above the same period a year earlier.
— USDA National Agricultural Statistics Service
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