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Corn stocks in all positions in Illinois on Sept. 1 totaled 246.3 million bushels, down 18 percent from last year’s stocks of 298.9 million bushels. Off-farm stocks, at 206.3 million bushels, accounted for 84 percent of the total. The indicated disappearance from all positions for the June-August quarter was 519 million bushels, up slightly from the same time a year ago.
Stocks of soybeans on Sept. 1 totaled 20.7 million bushels, 5 percent less than last year’s level of 21.9 million bushels. This is the lowest recorded amount of soybeans in storage at this time of year since September 2004. Off-farm stocks, at 16.9 million bushels, accounted for 82 percent of the total. The indicated disappearance from all positions for the June-August quarter was 71.6 million bushels, up 4 percent from the same period last year.
Wheat stocks on Sept. 1 totaled 46.9 million bushels, 19 percent below September 2009. Off-farm stocks of 44.9 million bushels accounted for 96 percent of the total.