DES MOINES — Corn stored in all positions in Iowa on September 1, 2022, totaled 255 million bushels, up 1 percent from September 1, 2021, according to the latest USDA, National Agricultural Statistics Service – Grain Stocks report. Of the total stocks, 37 percent were stored on-farm. The June-August 2022 indicated disappearance totaled 557 million bushels, 2 percent below the 568 million bushels from the same quarter the previous year.
Soybeans stored in all positions in Iowa on September 1, 2022, totaled 51.5 million bushels, up 22 percent from September 1, 2021. Of the total stocks, 21 percent were stored on-farm. Indicated disappearance for June-August 2022 was 156 million bushels, 65 percent above the 94.4 million bushels from the same quarter the previous year.
United States Grain Stocks
Corn stocks in all positions on September 1, 2022, totaled 1.38 billion bushels, up 12 percent from September 1, 2021. Of the total stocks, 510 million bushels are stored on farms, up 29 percent from a year earlier. Off-farm stocks, at 867 million bushels, are up 3 percent from a year ago. The June – August 2022 indicated disappearance is 2.97 billion bushels, compared with 2.88 billion bushels during the same period last year.
Based on an analysis of end-of-marketing year stock estimates, disappearance data for exports, and farm program administrative data, the 2021 corn for grain production is revised down 41.4 million bushels from the previous estimate. Corn silage production is revised down 888 thousand tons. Planted area is revised to 93.3 million acres, and area harvested for grain is revised to 85.3 million acres. Area harvested for silage is revised to 6.45 million acres. The 2021 grain yield, at 176.7 bushels per acre, is down 0.3 bushel from the previous estimate. The 2021 silage yield, at 20.1 tons per acre, remains unchanged from the previous estimate.
Soybeans stored in all positions on September 1, 2022, totaled 274 million bushels, up 7 percent from September 1, 2021. Soybean stocks stored on farms totaled 62.9 million bushels, down 8 percent from a year ago. Off-farm stocks, at 211 million bushels, are up 12 percent from last September. Indicated disappearance for June – August 2022 totaled 698 million bushels, up 36 percent from the same period a year earlier.
Based on an analysis of end-of-marketing year stock estimates, disappearance data for exports and crushings, and farm program administrative data, the 2021 soybean production is revised up 30.2 million bushels from the previous estimate. Planted area is unchanged at 87.2 million acres, but harvested area is revised to 86.3 million acres. The 2021 yield, at 51.7 bushels per acre, is up 0.3 bushel from the previous estimate.
Oats stored in all positions on September 1, 2022, totaled 62.6 million bushels, 1 percent above the stocks on September 1, 2021. Of the total stocks on hand, 41.7 million bushels are stored on farms, 30 percent higher than a year ago. Off-farm stocks totaled 20.9 million bushels, 30 percent below the previous year. Indicated disappearance during June – August 2022 totaled 25.9 million bushels, compared with 15.8 million bushels during the same period a year ago.
— USDA National Agricultural Statistics Service