Acreage report indicates fewer corn acres

Thursday’s USDA report showed soybean acres are greater than corn for Illinois for the first time since 1983. Here is the information released for the June 30 report.

Illinois June Acreage:

Corn: Planted area, at 10.70 million acres, is down 3 percent from 2021. Harvested area for grain, at 10.45 million acres, is down 4 percent from last year.

Soybeans: Planted area, at 11.20 million acres, is up 6 percent from 2021. Harvested area, forecast at 11.10 million acres, is up 6 percent from the previous year.

Winter wheat: Planted area for 2022, estimated at 750,000 acres, up 12 percent from the previous year. Area harvested for grain is forecast at 720,000 acres, up 18 percent from previous year.

Hay: Harvested area of all hay is expected to total 520,000 acres, up 4 percent from 2021. This total includes 300,000 acres of alfalfa and 220,000 acres of all other hay.

Illinois Grain Stocks:

Corn stocks in all positions on June 1, 2022 totaled 657 million bushels, up 7 percent from June 1, 2021. On-farm stocks totaled 270 million bushels, while off-farm stocks totaled 387 million bushels. The March - May 2022 indicated disappearance is 609 million bushels.

Soybean stocks in all positions on June 1, 2022 totaled 145 million bushels, up 19 percent from June 1, 2021. On-farm stocks totaled 50.0 million bushels, while off-farm stocks totaled 95.0 million bushels. The March - May 2022 indicated disappearance is 193 million bushels.

Old crop all wheat stocks in all positions on June 1, 2022 totaled 12.0 million bushels, up 15 percent from June 1, 2021. On-farm stocks totaled 0.460 million bushels, while off-farm stocks totaled 11.5 million bushels. The March - May 2022 indicated disappearance is 10.8 million bushels