Illinois grain stocks info released

On Friday, NASS published the Small Grains Annual Summary for Illinois and the US along with information on Illinois grain stocks.

Old crop corn stocks in all positions on September 1, 2022 totaled 145 million bushels, up 14 percent from September 1, 2021. On-farm stocks totaled 48.0 million bushels, while off-farm stocks totaled 97.4 million bushels. The June - August 2022 indicated disappearance is 513 million bushels. Old crop soybean stocks in all positions on September 1, 2022 totaled 32.9 million bushels, down 9 percent from September 1, 2021. On-farm stocks totaled 8.40 million bushels, while off-farm stocks totaled 24.5 million bushels. The June - August 2022 indicated disappearance is 112 million bushels.

All wheat stocks in all positions on September 1, 2022 totaled 36.0 million bushels, down 14 percent from September 1, 2021. On-farm stocks totaled 5.90 million bushels, while off-farm stocks totaled 30.1 million bushels. The June - August 2022 indicated disappearance is 21.2 million bushels.

IL SMALL GRAINS 2022 SUMMARY:

Winter wheat: Harvested area in 2022 is estimated at 560,000 acres, down 8 percent from the previous year. The winter wheat yield is estimated at a record 79 bushels per acre the same as 2021. Production is estimated at 44.2 million bushels, down 8 percent from the previous year.

Oats: Harvested area in 2022, at 10,000 acres, is down 5,000 acres from the previous year. The oat yield is estimated at 83 bushels, unchanged from 2021. Production is estimated at 830,000 bushels, down 415,000 bushel from the previous year.