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Iowa Ag News Headlines |
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State Corn Stocks Up 9 Percent from 2019
Iowa Ag Connection - 07/01/2020
Corn stored in all positions in Iowa on June 1, 2020, totaled 1.09 billion bushels, up 9% from June 1, 2019, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Of the total stocks, 61% were stored onfarm.
The March-May 2020 indicated disappearance totaled 431 million bushels, 25% below the 572 million bushels from the same period last year.
Soybeans stored in all positions in Iowa on June 1, 2019, totaled 281 million bushels, 7% below the 302 million bushels on hand June 1, 2019. Of the total stocks, 50% were stored on-farm. Indicated disappearance for March-May 2020 is 122 million bushels, 3% above the 119 million bushels from the same quarter last year.
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