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Indiana Ag News Headlines
State Corn Stocks Up 11 Percent from 2019
Indiana Ag Connection - 01/14/2021

On December 1, 2020, Indiana corn stocks totaled 828 million bushels, 11 percent above a year earlier, according to USDA NASS, Great Lakes Regional Office. About 70 percent of the corn was stored on farms. The first quarter disappearance was 243 million bushels, compared with 194 million bushels a year earlier.

Soybean stocks on December 1, 2020, were 248 million bushels. That was 3 percent lower than stocks a year earlier. The first quarter indicated disappearance was 106 million bushels, up 71 percent from the same period a year ago. Farm stocks of soybeans were 145 million bushels.

Wheat stocks on December 1, 2020, were 17.2 million bushels, 13 percent below a year ago. About 96 percent of all wheat stocks were in commercial storage. Second quarter indicated disappearance was 2.56 million bushels, approximately 9 percent of supply.

Corn stocks in all positions on December 1, 2020, totaled 11.3 billion bushels, down slightly from December 1, 2019. Of the total stocks, 7.05 billion bushels were stored on farms, down 1 percent from a year earlier. Off-farm stocks, 4.28 billion bushels, were up 1 percent from a year ago. The September - November 2020 indicated disappearance was 4.78 billion bushels, compared with 4.51 billion bushels during the same period last year. Soybeans stored in all positions on December 1, 2020, totaled 2.93 billion bushels, down 10 percent from December 1, 2019. Soybean stocks stored on farms totaled 1.31 billion bushels, down 14 percent from a year ago. Off-farm stocks, 1.62 billion bushels, were down 6 percent from last December. Indicated disappearance for September - November 2020 totaled 1.73 billion bushels, up 43 percent from the same period a year earlier. All wheat stored in all positions on December 1, 2020, totaled 1.67 billion bushels, down 9 percent from a year ago. On-farm stocks were estimated at 483 million bushels, down 7 percent from last December. Off-farm stocks, 1.19 billion bushels, were down 10 percent from a year ago. The September - November 2020 indicated disappearance was 484 million bushels, 4 percent below the same period a year earlier.


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