Washington, DC — Corn stocks in all positions on June 1, 2021 totaled 4.11 billion bushels, down 18 percent from June 1, 2020, according to the June 30 report from the USDA National Agricultural Statistics Service (NASS).
Of the total stocks, 1.74 billion bushels are stored on farms, down 39 percent from a year earlier. Off-farm stocks, at 2.37 billion bushels, are up 11 percent from a year ago.
The March - May 2021 indicated disappearance is 3.58 billion bushels, compared with 2.95 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2021 totaled 767 million bushels, down 44 percent from June 1, 2020.
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On-farm stocks totaled 220 million bushels, down 65 percent from a year ago. Off-farm stocks, at 547 million bushels, are down 27 percent from a year ago.
Indicated disappearance for the March - May 2021 quarter totaled 795 million bushels, down 9 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2021 totaled 844 million bushels, down 18 percent from a year ago.
On-farm stocks are estimated at 142 million bushels, down 38 percent from last year. Off-farm stocks, at 702 million bushels, are down 12 percent from a year ago.
The March - May 2021 indicated disappearance is 467 million bushels, up 21 percent from the same period a year earlier.
To see the full report, click here.
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USDA Grain Stocks (June 30): Corn, Soybean, Wheat Stocks All Down Compared to Year Ago