JuneAcreage
U.S. farmers planted fewer corn and soybean acres than expected, according to the USDA.
- Corn planted acreage up 2% from 2020
- Soybean acreage up 5%
- All wheat acreage up 5%
- All cotton acreage down 3%
Cornplanted area for all purposes in 2021 is estimated at 92.7 million acres, up 2 percent or 1.87 million acres from last year. Compared with last year, planted acreage is expected to be up or unchanged in 28 of the 48 estimating states. Area harvested for grain, at 84.5 million acres, is up 2 percent from last year.
Soybeanplanted area for 2021 is estimated at 87.6 million acres, up 5 percent from last year. Compared with last year, planted acreage is up or unchanged in 28 of the 29 estimating States.
All wheat planted area for 2021 is estimated at 46.7 million acres, up 5 percent from 2020. This represents the fourth lowest all wheat planted area since records began in 1919. The 2021 winter wheat planted area, at 33.7 million acres, is up 11 percent from last year and up 2 percent from the previous estimate. Of this total, about 23.6 million acres are.
Hard Red Winter, 6.59 million acres are Soft Red Winter, and 3.50 million acres are White Winter. Area expected to be planted to other spring wheat for 2021 is estimated at 11.6 million acres, down 5 percent from 2020. Of this total, about 10.8 million acres are Hard Red Spring wheat. Durum planted area for 2021 is expected to total 1.48 million acres, down 12 percent from the previous year.
Allcottonplanted area for 2021 is estimated at 11.7 million acres, down 3 percent from last year. Upland area is estimated at 11.6 million acres, down 3 percent from 2020. American Pima area is estimated at 142,000 acres, down 30 percent from 2020.
JuneGrain Stocks
The USDA also estimated both the amount of grain stocks on and off-farm as of June 1.
- Corn stocks down 18% from June 2020
- Soybean stocks down 44%
- All Wheat stocks down 18%
Cornstocks in all positions on June 1, 2021 totaled 4.11 billion bushels, down 18 percent from June 1, 2020. Of the total stocks, 1.74 billion bushels are stored on farms, down 39 percent from a year earlier. Off-farm stocks, at 2.37 billion bushels, are up 11 percent from a year ago. The March - May 2021 indicated disappearance is 3.58 billion bushels, compared with 2.95 billion bushels during the same period last year.
Soybeansstored in all positions on June 1, 2021 totaled 767 million bushels, down 44 percent from June 1, 2020. On-farm stocks totaled 220 million bushels, down 65 percent from a year ago. Off-farm stocks, at 547 million bushels, are down 27 percent from a year ago. Indicated disappearance for the March - May 2021 quarter totaled 795 million bushels, down 9 percent from the same period a year earlier.
Old crop all wheatstored in all positions on June 1, 2021 totaled 844 million bushels, down 18 percent from a year ago. On-farm stocks are estimated at 142 million bushels, down 38 percent from last year. Off-farm stocks, at 702 million bushels, are down 12 percent from a year ago. The March - May 2021 indicated disappearance is 467 million bushels, up 21 percent from the same period a year earlier.
Old crop Durum wheatstocks in all positions on June 1, 2021 totaled 27.5 million bushels, down 34 percent from a year ago. On-farm stocks, at 13.5 million bushels, are down 24 percent from June 1, 2020. Off-farm stocks totaled 14.0 million bushels, down 42 percent from a year ago. The March - May 2021 indicated disappearance of 14.7 million bushels is up 55 percent from the same period a year earlier.
