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June report shows corn acres up, soybeans down

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By The Staff

The Illinois Field Office of National Agricultural Statistics Service this week released the U.S. Department of Agriculture’s June Acreage and Grain Stocks Reports.
ILLINOIS
 Corn planted in Illinois in 2012 is estimated at 13 million acres, up 500,000 from the March Prospective Plantings Report and up 400,000 acres from last year. This is the second-highest corn acres planted estimate on record. Only 2007, with 13.2 million acres, was higher. Acreage planted to biotechnology varieties is estimated at 85 percent of the total acreage, down from 86 percent last year. Bt varieties account for 14 percent, herbicide-resistant varieties account for 18 percent, and 53 percent was stacked-gene varieties.
Planting got off to a very quick start this year, and was completed by May 27, three weeks ahead of the average pace. Since then, high temperatures and a lack of rainfall have taken their toll on crop conditions. As of June 24, corn was rated 8 percent very poor, 14 percent poor, 41 percent fair, 33 percent good, and 4 percent excellent.
An estimated 8.6 million acres are planted and to be planted to soybeans in Illinois for the 2012 season. This is 400,000 acres below March intentions and 300,000 acres less than last year. An estimated 90 percent of all soybean acres are planted to herbicide resistant varieties.
Because planting got off to an early start this season, 99 percent of the crop had emerged as of June 24. This compares to a five-year average of 86 percent. Percent blooming is also above the five-year average at 11 percent. The crop was rated 3 percent excellent, 32 percent good, 44 percent fair, 14 percent poor and 7 percent very poor on June 24.
An estimated 660,000 acres of winter wheat were seeded in Illinois last fall, 140,000 acres less than in 2010. Harvested acreage is expected to total 640,000 acres, down 125,000 from last year. As of June 24, 97 percent of the wheat crop was ripe, compared to 63 percent last year and the five-year average of 65 percent. Harvest is well ahead of normal, with 84 percent complete on June 24, compared to 32 percent last year and the five-year average of 37 percent.
UNITED STATES
Corn planted area for all purposes in 2012 is estimated at 96.4 million acres, up 5 percent from last year, and represents the highest planted acreage in the United States since 1937, when an estimated 97.2 million acres were planted. Growers expect to harvest 88.9 million acres for grain, up 6 percent from last year.
Soybean planted area for 2012 is estimated at 76.1 million acres, up 1 percent from last year and is the third highest on record. Area for harvest, at 75.3 million acres, is up 2 percent from 2011.
Planting got off to a fast start in 2012 due to warmer than normal temperatures and favorable field conditions across much of the major corn-producing region. By April 1, three percent of the Nation’s acreage was planted, slightly ahead of both last year and the 5-year average pace. Planting was active in several major producing States during the first part of April, but producers in some locations were hesitant to begin out of concern for a potential spring freeze. Warm, dry weather continued throughout April, and producers planted at a blistering pace during the latter half of the month. By April 29, fifty-three percent of the Nation’s crop was planted, 26 percentage points ahead of the 5-year average pace. Fifteen percent of the acreage had emerged at this time, 9 percentage points ahead of the five-year average.
Producers planted 88 percent of their acreage with seed varieties developed using biotechnology, unchanged from 2011. Varieties containing bacillus thuringiens is (Bt) were planted on 15 percent of the acreage, down 1 percentage point from last year. Herbicide resistant varieties developed using biotechnology were planted on 21 percent of the acreage, down 2 percentage points from 2011. Stacked gene varieties, those containing both insect and herbicide resistance, were planted on 52 percent of the acreage, up 3 percentage points from a year ago.
Soybean planted area for 2012 is estimated at 76.1 million acres, up 1 percent from last year and is the third highest on record. Area for harvest, at 75.3 million acres, is up 2 percent from 2011. Record high planted acreage is estimated in New York, North Dakota, and Pennsylvania, and the planted area in South Dakota ties the previous record high.
All wheat planted area is estimated at 56.0 million acres, up 3 percent from 2011. The 2012 winter wheat planted area, at 41.8 million acres, is up 3 percent from last year and up slightly from the previous estimate. Of this total, about 30.0 million acres are Hard Red Winter, 8.3 million acres are Soft Red Winter, and 3.5 million acres are White Winter. Area planted to other spring wheat for 2012 is estimated at 12.0 million acres, down 3 percent from 2011. Of this total, about 11.4 million acres are Hard Red Spring wheat. Durum planted area for 2012 is estimated at 2.20 million acres, up 61 percent from the previous year.

GRAIN STOCKS ILLINOIS
Stocks of corn in Illinois on June 1, 2012 were estimated at 471.8 million bushels, 27 percent below June 1, 2011. On-farm stocks were 185 million bushels, down 18 percent from a year earlier. Off-farm stocks, at 286.8 million bushels, were down 32 percent from 2012. The March-May indicated disappearance was 536 million bushels, compared to the disappearance of 469 million bushels last year.
Soybean stocks were estimated at 100.7 million bushels on June 1, 2012, 5 percent above a year earlier. On-farm stocks totaled 24 million bushels, which compares to 36 million on June 1, 2011. Off-farm stocks totaled 76.7 million bushels, up 21 percent from last year. The March-May indicated disappearance for stocks in all positions was 94.5 million bushels, compared to the disappearance of 102.1 million bushels a year ago.
Wheat stocks on June 1, 2012 were estimated at 36.6 million bushels, up from 35.6 million bushels a year ago. Off-farm stocks were 35.8 million bushels, 98 percent of the total stocks.

UNITED STATES
Corn stocks in all positions on June 1, 2012 totaled 3.15 billion bushels, down 14 percent from June 1, 2011. Of the total stocks, 1.48 billion bushels are stored on farms, down 12 percent from a year earlier. Off-farm stocks, at 1.67 billion bushels, are down 16 percent from a year ago. The March - May 2012 indicated disappearance is 2.87 billion bushels, compared with 2.85 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2012 totaled 667 million bushels, up 8 percent from June 1, 2011. On-farm stocks totaled 179 million bushels, down 18 percent from a year ago. Off-farm stocks, at 488 million bushels, are up 22 percent from a year ago. Indicated disappearance for the March - May 2012 quarter totaled 707 million bushels, up 12 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2012 totaled 743 million bushels, down 14 percent from a year ago. On-farm stocks are estimated at 112 million bushels, down 14 percent from last year. Off-farm stocks, at 631 million bushels, are down 14 percent from a year ago. The March - May 2012 indicated disappearance is 457 million bushels, down 19 percent from the same period a year earlier.