June 30, 2011 USDA Release Acreage and Stocks Reports
Corn planted area for all purposes in 2011 is estimated at 92.3 million acres, up 5 percent from last year, and the second
highest planted acreage in the United States since 1944, behind only the 93.5 million acres planted in 2007. Growers
expect to harvest 84.9 million acres for grain, up 4 percent from last year.
Corn stocks in all positions on June 1, 2011 totaled 3.67 billion bushels, down 15 percent from June 1, 2010. Of the total stocks, 1.68 billion bushels are stored on farms, down 21 percent from a year earlier. Off-farm stocks, at 1.99 billion bushels, are down 9 percent from a year ago. The March – May 2011 indicated disappearance is 2.85 billion bushels, compared with 3.38 billion bushels during the same period last year.
Soybean planted area for 2011 is estimated at 75.2 million acres, down 3 percent from last year. Area for harvest, at
74.3 million acres, is also down 3 percent from 2010. Record high planted acreage is estimated in New York and North
Soybeans stored in all positions on June 1, 2011 totaled 619 million bushels, up 8 percent from June 1, 2010. On-farm stocks totaled 218 million bushels, down 6 percent from a year ago. Off-farm stocks, at 401 million bushels, are up 19 percent from a year ago. Indicated disappearance for the March – May 2011 quarter totaled 630 million bushels, down 10 percent from the same period a year earlier.
All wheat planted area is estimated at 56.4 million acres, up 5 percent from 2010. The 2011 winter wheat planted area, at
41.1 million acres, is up 10 percent from last year. Of this total, about 29.1 million acres are Hard Red Winter, 8.3 million
acres are Soft Red Winter, and 3.7 million acres are White Winter. Area planted to other spring wheat for 2011 is
estimated at 13.6 million acres, down 1 percent from 2010. Of this total, about 12.9 million acres are Hard Red Spring
wheat. Durum planted area for 2011 is estimated at 1.70 million acres, down 34 percent from the previous year. Flooding
in the Dakotas reduced acres planted to other spring and Durum wheat.
All wheat stored in all positions on June 1, 2011 totaled 861 million bushels, down 12 percent from a year ago. On-farm stocks are estimated at 131 million bushels, down 38 percent from last year. Off-farm stocks, at 730 million bushels, are down 5 percent from a year ago. The March – May 2011 indicated disappearance is 565 million bushels, up 48 percent from the same period a year earlier.
All cotton planted area for 2011 is estimated at 13.7 million acres, 25 percent above last year. Upland acreage is estimated
at 13.4 million acres, up 25 percent from 2010. American Pima acreage is estimated at 289,000 acres, up 42 percent from