Old 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 are stored on farms, up 28 percent from a year earlier.

Off-farm stocks, at 1.14 billion bushels, are up 48 percent from a year ago. The June - August 2015 indicated disappearance is 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 totaled 191 million bushels, up 108 percent from September 1, 2014. Soybean stocks stored on farms totaled 49.7 million bushels, up 133 percent from a year ago. Off-farm stocks, at 142 million bushels, are up 101 percent from last September. Indicated disappearance for June - August 2015 totaled 436 million bushels, up 39 percent from the same period a year earlier.

Based on an analysis of end-of-marketing year stock estimates, disappearance data for exports and crushings, and farm program administrative data, the 2014 soybean production is revised to 3.93 billion bushels, down 41.7 million bushels from the previous estimate. Planted area is revised down 425,000 acres to 83.3 million acres, and harvested area is revised down 470,000 acres to 82.6 million acres. The 2014 yield, at 47.5 bushels per acre, is down 0.3 bushel from the previous estimate. A table with 2014 acreage, yield, and production estimates by States is included on page 17 of this report.

All wheat stored in all positions on September 1, 2015 totaled 2.09 billion bushels, up 10 percent from a year ago. On-farm stocks are estimated at 647 million bushels, down 9 percent from last September. Off-farm stocks, at 1.44 billion bushels, are up 21 percent from a year ago. The June - August 2015 indicated disappearance is 716 million bushels, up 1 percent from the same period a year earlier.

Durum wheat stocks in all positions on September 1, 2015 totaled 73.8 million bushels, up 28 percent from a year ago. On-farm stocks, at 44.4 million bushels, are up 15 percent from September 1, 2014. Off-farm stocks totaled 29.4 million bushels, up 54 percent from a year ago. The June - August 2015 indicated disappearance of 34.3 million bushels is up 93 percent from the same period a year earlier.