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Corn stocks climb 14% from year earlier

U.S. grain inventories rose across major crops on June 1, with corn leading gains while sorghum stocks fell sharply.

Schauhi Field 4610470
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Corn stocks in all positions on June 1, 2026, totaled 5.29 billion bushels, up 14 percent from June 1, 2025, according to the Grain Stocks Report from the National Agricultural Statistics Service. The increase reflects higher inventories both on farms and in commercial storage facilities.

Of the total corn stocks, 2.96 billion bushels are stored on farms, up 16 percent from a year earlier. Off-farm stocks, at 2.34 billion bushels, are up 12 percent from a year ago. The March through May 2026 indicated disappearance is 3.74 billion bushels, compared with 3.50 billion bushels during the same period last year.

Soybeans show mixed storage patterns

Soybeans stored in all positions on June 1, 2026, totaled 1.06 billion bushels, up 5 percent from June 1, 2025. However, storage patterns varied significantly by location.

On-farm stocks totaled 367 million bushels, down 11 percent from a year ago. Off-farm stocks, at 694 million bushels, are up 16 percent from a year ago. Indicated disappearance for the March through May 2026 quarter totaled 1.06 billion bushels, up 18 percent from the same period a year earlier.

Wheat inventories increase

Old crop all wheat stored in all positions on June 1, 2026, totaled 920 million bushels, up 8 percent from a year ago. On-farm stocks are estimated at 177 million bushels, down 4 percent from last year. Off-farm stocks, at 743 million bushels, are up 11 percent from a year ago.

The March through May 2026 indicated disappearance is 383 million bushels, up slightly from the same period a year earlier.

Old crop durum wheat stocks in all positions on June 1, 2026, totaled 33.5 million bushels, up 20 percent from a year ago. On-farm stocks, at 18.6 million bushels, are up 32 percent from June 1, 2025. Off-farm stocks totaled 14.9 million bushels, up 8 percent from a year ago.

Other grains show varied results

Old crop barley stocks in all positions on June 1, 2026, totaled 66.4 million bushels, down 4 percent from June 1, 2025. On-farm stocks are estimated at 23.5 million bushels, 12 percent above a year ago. Off-farm stocks, at 42.9 million bushels, are 12 percent below June 1, 2025.

Old crop oats stored in all positions on June 1, 2026, totaled 31.8 million bushels, 12 percent above the stocks on June 1, 2025. Of the total stocks on hand, 13.9 million bushels are stored on farms, 42 percent above a year ago.

Grain sorghum stored in all positions on June 1, 2026, totaled 66.7 million bushels, down 33 percent from a year ago. The March through May 2026 indicated disappearance from all positions is 105 million bushels, up 107 percent from the same period last year.

Pulse crop inventories showed strong gains. Lentils totaled 3.08 million cwt, up 94 percent from June 1, 2025. All chickpeas totaled 2.48 million cwt, up 40 percent. Dry edible peas totaled 3.92 million cwt, up 19 percent from a year ago.

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