USDA Grain Stocks Report
Corn stocks in all positions on June 1, 2023 totaled 4.11 billion bushels, down 6 percent from June 1, 2022.
USDA Grain Stocks Report
Corn Stocks Down 6 Percent from June 2022
Soybean Stocks Down 18 Percent
All Wheat Stocks Down 17 Percent
Corn stocks in all positions on June 1, 2023 totaled 4.11 billion bushels, down 6 percent from June 1, 2022. Of the total stocks, 2.22 billion bushels are stored on farms, up 5 percent from a year earlier. Off-farm stocks, at 1.89 billion bushels, are down 15 percent from a year ago. The March - May 2023 indicated disappearance is 3.29 billion bushels, compared with 3.41 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2023 totaled 796 million bushels, down 18 percent from June 1, 2022. On-farm stocks totaled 323 million bushels, down 3 percent from a year ago. Off-farm stocks, at 473 million bushels, are down 26 percent from a year ago. Indicated disappearance for the March - May 2023 quarter totaled 891 million bushels, down 8 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2023 totaled 580 million bushels, down 17 percent from a year ago. On-farm stocks are estimated at 124 million bushels, up 34 percent from last year. Off-farm stocks, at 456 million bushels, are down 25 percent from a year ago. The March - May 2023 indicated disappearance is 366 million bushels, up 11 percent from the same period a year earlier.
Old crop Durum wheat stocks in all positions on June 1, 2023 totaled 28.0 million bushels, up 18 percent from a year ago. On-farm stocks, at 12.8 million bushels, are up 38 percent from June 1, 2022. Off-farm stocks totaled 15.3 million bushels, up 6 percent from a year ago. The March - May 2023 indicated disappearance of 7.77 million bushels is up 18 percent from the same period a year earlier.
Old crop barley stocks in all positions on June 1, 2023 totaled 56.3 million bushels, up 34 percent from June 1, 2022. On-farm stocks are estimated at 17.4 million bushels, 78 percent above a year ago. Off-farm stocks, at 38.9 million bushels, are 20 percent above June 1, 2022. The March - May 2023 indicated disappearance is 32.4 million bushels, 6 percent above the same period a year earlier.
Old crop oats stored in all positions on June 1, 2023 totaled 34.8 million bushels, 7 percent above the stocks on June 1, 2022. Of the total stocks on hand, 13.8 million bushels are stored on farms, 40 percent above a year ago. Off-farm stocks totaled 21.0 million bushels, 8 percent below the previous year. Indicated disappearance during March - May 2023 totaled 8.11 million bushels, 22 percent below the same period a year ago.
Grain sorghum stored in all positions on June 1, 2023 totaled 53.0 million bushels, down 51 percent from a year ago. On-farm stocks, at 6.38 million bushels, are up 81 percent from last year. Off-farm stocks, at 46.6 million bushels, are down 55 percent from June 1, 2022. The March - May 2023 indicated disappearance from all positions is 55.8 million bushels, down 44 percent from the same period last year.
Pulse crops stored in all positions on June 1, 2023 and the change from June 1, 2022 are: dry edible peas, 3.96 million cwt, up 26 percent; lentils, 1.04 million cwt, down 2 percent; all chickpeas, 1.50 million cwt, down 24 percent; small chickpeas, 444 thousand cwt, up 11 percent; and large chickpeas, 1.05 million cwt, down 33 percent. Small chickpeas are defined as peas that will pass through a 20/64 inch round hole screen. Large chickpeas are defined as larger than 20/64 inches.
