Corn stocks in all positions on March 1, 2023 totaled 7.40 billion bushels, down 5 percent from March 1, 2022. Of the total stocks, 4.11 billion bushels were stored on farms, up 1 percent from a year earlier. Off-farm stocks, at 3.29 billion bushels, are down 10 percent from a year ago. The December 2022 - February 2023 indicated disappearance is 3.42 billion bushels, compared with 3.88 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2023 totaled 1.69 billion bushels, down 13 percent from March 1, 2022. Soybean stocks stored on farms are estimated at 750 million bushels, down slightly from a year ago. Off-farm stocks, at 936 million bushels, are down 21 percent from last March. Indicated disappearance for the December 2022 - February 2023 quarter totaled 1.34 billion bushels, up 11 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2023 totaled 946 million bushels, down 8 percent from a year ago. On-farm stocks are estimated at 227 million bushels, up 30 percent from last March. Off-farm stocks, at 719 million bushels, are down 16 percent from a year ago. The December 2022 - February 2023 indicated disappearance is 366 million bushels, 5 percent above the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2023 totaled 35.8 million bushels, up 18 percent from a year ago. On-farm stocks, at 17.1 million bushels, are up 36 percent from March 1, 2022. Off-farm stocks totaled 18.7 million bushels, up 6 percent from a year ago. The December 2022 - February 2023 indicated disappearance of 12.3 million bushels is 5 percent above the same period a year earlier.

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