WASHINGTON, D.C. – U.S. corn stocks totaled 7.7 billion bushels, on March 1 down 3 percent, soybean stocks, and wheat stocks were down 7 percent from March 1, 2020, according to the March 1 USDA Quarterly Grain Stocks Report, released March 31.

“Of the total stocks, 4.04 billion bushels were stored on farms, down 9 percent from a year earlier,” the report said. 

Released the same day of the USDA Prospective Plantings Report, the grain stocks report said off-farm stocks, at 3.66 billion bushels, are up 5 percent from a year ago. 

“The December 2020 - February 2021 indicated disappearance is 3.59 billion bushels, compared with 3.38 billion bushels during the same period last year,” the report said. 

In addition, U.S. soybeans stored in all positions totaled 1.56 billion bushels, down 31 percent from March 1, 2020. 

“Soybean stocks stored on farms are estimated at 594 million bushels, down 41 percent from a year ago,” the report said. “Off-farm stocks, at 970 million bushels, are down 22 percent from last March. 

“Indicated disappearance for the December 2020 - February 2021 quarter totaled 1.38 billion bushels, up 39 percent from the same period a year earlier,” the report said.

“On-farm stocks of wheat are estimated at 284 million bushels, down 16 percent from last March,” the report said. “Off-farm stocks, at 1.03 billion bushels, are down 4 percent from a year ago. 

“The December 2020 - February 2021 indicated disappearance is 388 million bushels, 9 percent below the same period a year earlier,” the report added. 

Durum wheat stocks in all positions totaled 42.7 million bushels, down 17 percent from a year ago. 

“On-farm stocks, at 22.6 million bushels, are down 4 percent from March 1, 2020. Off-farm stocks totaled 20.1 million bushels, down 28 percent from a year ago. 

“The December 2020 - February 2021 indicated disappearance of 18.9 million bushels is 46 percent above the same period a year earlier,” the report added.

Barley stocks in all positions totaled 120 million bushels, up 4 percent from March 1, 2020. 

“On-farm stocks are estimated at 55.9 million bushels, 8 percent above a year ago,” the report said. “Off-farm stocks, at 64.5 million bushels, are 1 percent above March 2020. 

“The December 2020 - February 2021 indicated disappearance totaled 28.2 million bushels, 33 percent below the same period a year earlier,” the report added. 

Oats stored in all positions totaled 51.5 million bushels, 8 percent above the stocks on March 1, 2020. 

“Of the total stocks on hand, 16.9 million bushels were stored on farms, down 1 percent from a year ago,” the report said. “Off-farm stocks totaled 34.6 million bushels, up 13 percent from the previous year. 

“Indicated disappearance during December 2020 - February 2021 totaled 11.1 million bushels, 78 percent above the same period a year ago,” the report added. 

Grain sorghum stored in all positions totaled 137 million bushels, down 17 percent from a year ago. 

“On-farm stocks, at 5.12 million bushels, are down 70 percent from last March. Off-farm stocks, at 131 million bushels, are down 11 percent from a year earlier,” the report said. 

“The December 2020 - February 2021 indicated disappearance from all positions is 83.1 million bushels, 3 percent below the same period last year,” the report added. 

Sunflower stocks in all positions totaled 1.07 billion pounds, 40 percent above March 1, 2020. 

“All stocks stored on farms totaled 415 million pounds and off-farm stocks totaled 659 million pounds,” the report said. “Stocks of oil type sunflower seed are 888 million pounds; of this total, 331 million pounds are on-farm stocks, and 557 million pounds are off-farm stocks.” 

“Non-oil sunflower stocks totaled 186 million pounds, with 83.8 million pounds stored on the farm, and 102 million pounds stored off the farm,” the report added.

In Illinois, corn stocks in all positions totaled 1.23 billion bushels, up 1 percent from March 1, 2020. On-farm stocks totaled 530 million bushels, while off-farm stocks totaled 703 million bushels. The December 2020 - February 2021 indicated disappearance is 616 million bushels. 

The report said Illinois soybean stocks in all positions totaled 240 million bushels, down 38 percent from March 1, 2020. On-farm stocks totaled 90 million bushels, while off-farm stocks totaled 150 million bushels. The December 2020 - February 2021 indicated disappearance is 298 million bushels. 

In Indiana, corn stocks in all positions totaled 7.70 billion bushels, down 3 percent from March 1, 2020. The December 2020 - February 2021 indicated disappearance was 3.59 billion bushels, compared with 3.38 billion bushels during the same period last year. 

The report said Indiana soybeans stored in all positions totaled 1.56 billion bushels, down 31 percent from March 1, 2020. Indicated disappearance for December 2020-February 2021 totaled 1.38 billion bushels, up 39 percent from the same period a year earlier. All wheat stored in all positions totaled 1.31 billion bushels, down 7 percent from a year ago. 

In Iowa, corn stored in all positions totaled 1.39 billion bushels, down 8 percent from March 1, 2020. Of the total stocks, 56 percent were stored on-farm. The December-February 2021 indicated disappearance totaled 484 million bushels, 23 percent below the 625 million bushels from the same period last year. 

The report said Iowa soybeans stored in all positions totaled 255 million bushels, 37 percent below the 403 million bushels on hand March 1, 2020. Indicated disappearance for December-Feb. 2021 is 151 million bushels, 37 percent above the 110 million bushels from the same quarter last year. Oats stored on-farm totaled 1.1 million bushels, up 22 percent from March 1, 2020.

In Michigan, corn stocks in all positions totaled 7.7 billion bushels, down 3 percent from March 1, 2020. Of the total stocks, 4.04 billion bushels were stored on farms, down 9 percent from a year earlier. Off-farm stocks, 3.66 billion bushels, were up 5 percent from a year ago. The December 2020-February 2021 indicated disappearance was 3.59 billion bushels, compared with 3.38 billion bushels during the same period last year. 

The report said Michigan soybeans stored in all positions totaled 1.56 billion bushels, down 31 percent from March 1, 2020. Indicated disappearance for December 2020 - February 2021 totaled 1.38 billion bushels, up 39 percent from the same period a year earlier. All wheat stored in all positions totaled 1.31 billion bushels, down 7 percent from a year ago. 

In Ohio, corn stocks in all positions totaled 7.7 billion bushels, down 3 percent from March 1, 2020. The December 2020 - February 2021 indicated disappearance was 3.59 billion bushels, compared with 3.38 billion bushels during the same period last year. 

The report said Ohio soybeans stored in all positions totaled 1.56 billion bushels, down 31 percent from March 1, 2020. Indicated disappearance for Dec. 2020-February 2021 totaled 1.38 billion bushels, up 39 percent from the same period a year earlier. All wheat stored in all positions totaled 1.31 billion bushels, down 7 percent from a year ago.