On September 1, 2015, Michigan corn stocks totaled 28.0 million bushels, 21 percent lower than a year earlier . About 41 percent of the corn was stored on farms. The fourth quarter disappearance was 60.7 million bushels, compared with 61.1
million bushels a year earlier. Soybean stocks on September 1, 2015, were 4.5 million bushels. That was 112 percent higher than stocks a year earlier . The fourth quarter indicated disappearance was 12.3 million bushels . Farm stocks of soybeans were 650,000 bushels. Wheat stocks on Septemb er 1, 2015, were 40.6 million bushels, 13 percent above a year ago. Approximately 88 percent of wheat stocks were in commercial storage .
First quarter indicated disappearance was 11.0 million bushels, 21.3 percent of supply. U.S. o ld crop corn stocks in all positions on September 1, 2015, totaled 1.73 billion bushels, up 41 percent from September 1, 2014. Of the total stocks, 593 million bushels were stored on farms, up 28 percent from a year earlier. Off - farm stocks, 1.14 billion b ushels, were up 48 percent from a year ago. The June - August 2015 indicated disappearance was 2.72 billion bushels, compared with 2.62 billion bushels during the same period last year.
Old crop soybeans stored in all positions on September 1, 2015, totale d 191 million bushels, up 108 percent from September 1, 2014. Soybean stocks stored on farms were estimated at 49.7 million bushels, up 133 percent from a year ago. Off - farm stocks, 142 million bushels, were up 101 percent from last September. Indicated di sappearance for the June - August 2015 quarter totaled 436 million bushels, up 39 percent from the same period a year earlier. All wheat stored in all positions on September 1, 2015, totaled 2.09 billion bushels, up 10 percent from a year ago. On - farm stoc ks were estimated at 647 million bushels, down 9 percent from last September. Off - farm stocks, 1.44 billion bushels, were up 21 percent from a year ago. The June - August 2015 indicated disappearance was 716 million bushels, up 1 percent from the same peri od a year earlier.
Source:usda.gov
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