Check out the corn and soybean field conditions in this little video from the Gleason Farms in Logan County, Illinois. The corn looks, well, GREAT - and the soybeans are flowering!
June 30, 2014
USDA released the annual Acreage and quarterly Grain Stocks reports at 11am central time today.
Corn Planted Acreage Down 4 Percent from 2013
Soybean Acreage Up 11 Percent
All Wheat Acreage Up Less Than 1 Percent
All Cotton Acreage Up 9 Percent
Corn planted area for all purposes in 2014 is estimated at 91.6 million
acres, down 4 percent from last year. This represents the lowest planted
acreage in the United States since 2010; however, this is the fifth largest
corn acreage in the United States since 1944.
Soybean planted area for 2014 is estimated at a record high 84.8 million
acres, up 11 percent from last year. Area for harvest, at 84.1 million acres,
is up 11 percent from 2013 and will be a record high by more than 7.4 million
acres, if realized. Record high planted acreage is estimated in Michigan,
Minnesota, Nebraska, New York, North Dakota, Ohio, Pennsylvania, South
Dakota, and Wisconsin.
Corn Stocks Up 39 Percent from June 2013
Soybean Stocks Down 7 Percent
All Wheat Stocks Down 18 Percent
Corn stocks in all positions on June 1, 2014 totaled 3.85 billion bushels, up
39 percent from June 1, 2013. Of the total stocks, 1.86 billion bushels are
stored on farms, up 48 percent from a year earlier. Off-farm stocks, at
1.99 billion bushels, are up 32 percent from a year ago. The March - May 2014
indicated disappearance is 3.15 billion bushels, compared with 2.63 billion
bushels during the same period last year.
Soybeans stored in all positions on June 1, 2014 totaled 405 million bushels,
down 7 percent from June 1, 2013. On-farm stocks totaled 109 million bushels,
down 36 percent from a year ago. Off-farm stocks, at 296 million bushels, are
up 12 percent from a year ago. Indicated disappearance for the
March - May 2014 quarter totaled 589 million bushels, up 4 percent from the
same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2014 totaled
590 million bushels, down 18 percent from a year ago. On-farm stocks are
estimated at 97.0 million bushels, down 19 percent from last year. Off-farm
stocks, at 493 million bushels, are down 18 percent from a year ago. The
March - May 2014 indicated disappearance is 467 million bushels, down
10 percent from the same period a year earlier.
Here are some other items of interest from the USDA Executive Summary.
The Change in Acreage by Crop (2013 to 2014)
2014 Principal Crops Planted
Acres (000) & Change from Prospective Plantings by state
U.S. Principal Crop Acres
Our website is also a great place to get updates. The address is www.willag.org
. Todd's @commodityweek Twitter feed will be posted directly into the site and it will give a quick, if incomplete, review of the figures.
The detailed numbers will be posted into the USDA Reports
page on our online home.
Finally, thank you very much to all those helping to make our end of the fiscal year fund drive a great success. WILL is a public radio station and your financial support is vital. If you haven't yet, or simply would like to help support our agricultural programs on the station, including this newsletter, please do make a contribution
. When you fill out the online forms
be sure to write "in support of agriculture" in the comments section.
subscribe to this newsletter
unsubscribe to this newsletter
edit your existing subscription profile