(NAFB.com) – The USDA’s National Agricultural Statistics Service released its Grain Stocks report that showed lower numbers for corn and soybeans. Old crop corn stocks on hand as of September 1 totaled 1.36 billion bushels, one percent lower than the same time last year. Old crop soybeans stored in all positions were down two percent from September 1, 2022, and all wheat stocks were up slightly from a year earlier. Of the total corn stocks, 605 million bushels were stored on farms, 19 percent higher than last year. Old crop soybeans stored in all positions on September 1, 2023, totaled 268 million bushels, two percent lower than last year. Soybean stocks stored on farms totaled 72 million bushels, up 14 percent from a year ago. All wheat stored in all positions on September 1 totaled 1.78 billion bushels, up slightly from September 1, 2022. On-farm stocks were one percent higher than in 2022.