Corn Production Up Less Than 1 Percent from September Forecast
Soybean Production Up Slightly Cotton Production Down 2 Percent
Corn production is forecast at 14.5 billion bushels, up less than 1 percent from the previous forecast and up 4 percent from 2013. Based on conditions as of October 1, yields are expected to average 174.2 bushels per acre, up 2.5 bushels from the September forecast and 15.4 bushels above the 2013 average. If realized, this will be the highest yield and production on record for the United States. Area harvested for grain is forecast at 83.1 million acres, down 1 percent from the September forecast and down 5 percent from 2013. Acreage updates were made in several States following a thorough review of all available data.
Soybean production is forecast at a record 3.93 billion bushels, up slightly from September and up 17 percent from last year. Based on October 1 conditions, yields are expected to average a record high 47.1 bushels per acre, up 0.5 bushel from last month and up 3.1 bushels from last year. Area for harvest in the United States is forecast at a record 83.4 million acres, down less than 1 percent from September but up 9 percent from last year. Acreage updates were made in several States based on a thorough review of all available data.
All cotton production is forecast at 16.3 million 480-pound bales, down 2 percent from last month but up 26 percent from last year. Yield is expected to average 790 pounds per harvested acre, down 31 pounds from last year. Upland cotton production is forecast at 15.7 million 480-pound bales, up 28 percent from 2013. Pima cotton production, forecast at 578,000 bales, was carried forward from last month.
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