USDA Lowers National Corn Yield to 169.5 bu.

August 10, 2017 11:10 AM
 
 

Corn Production Down 7 Percent from 2016

Soybean Production Up 2 Percent from 2016

Cotton Production Up 20 Percent from 2016

Winter Wheat Production Up 1 Percent from July Forecast

Corn production is forecast at 14.2 billion bushels, down 7 percent from last year. Based on conditions as of August 1, yields are expected to average 169.5 bushels per acre, down 5.1 bushels from 2016. If realized, this will be the third highest yield and production on record for the United States. Area harvested for grain is forecast at 83.5 million acres, unchanged from the June forecast but down 4 percent from 2016.

Soybean production is forecast at 4.38 billion bushels, up 2 percent from last year. Based on August 1 conditions, yields are expected to average 49.4 bushels per acre, down 2.7 bushels from last year. Area for harvest in the United States is forecast at a record high 88.7 million acres, unchanged from the June forecast but up 7 percent from 2016. Planted area for the Nation is estimated at a record high 89.5 million acres, also unchanged from June.

All cotton production is forecast at 20.5 million 480-pound bales, up 20 percent from last year. Yield is expected to average 892 pounds per harvested acre, up 25 pounds from last year. Upland cotton production is forecast at 19.8 million 480-pound bales, up 19 percent from 2016. Pima cotton production is forecast at 770,000 bales, up 35 percent from last year.

All wheat production, at 1.74 billion bushels, is down 1 percent from the July forecast and down 25 percent from 2016. Based on August 1 conditions, the United States yield is forecast at 45.6 bushels per acre, down 0.6 bushel from last month and down 7 bushels from last year.

Winter wheat production is forecast at 1.29 billion bushels, up 1 percent from the July 1 forecast but down 23 percent from 2016. Based on August 1 conditions, the United States yield is forecast at 50.0 bushels per acre, up 0.3 bushel from last month but down 5.3 bushels from last year. The area expected to be harvested for grain or seed totals 25.8 million acres, unchanged from last month but down 15 percent from last year. Hard Red Winter production, at 758 million bushels, is up less than 1 percent from last month. Soft Red Winter, at 306 million bushels, is up less than 1 percent from the July forecast. White Winter, at 223 million bushels, is up 3 percent from last month. Of the White Winter production, 18.8 million bushels are Hard White and 204 million bushels are Soft White.

Durum wheat production is forecast at 50.5 million bushels, down 12 percent from the July 1 forecast and down 51 percent from 2016. The United States yield is forecast at 27.2 bushels per acre, down 3.7 bushels from last month and down 16.8 bushels from last year. Expected area to be harvested for grain or seed totals 1.86 million acres, unchanged from last month but down 21 percent from last year.

Other spring wheat production is forecast at 402 million bushels, down 5 percent from the July 1 forecast and down 25 percent from last year. Area harvested for grain or seed is expected to total 10.5 million acres, unchanged from last month but down 7 percent from last year. The United States yield is forecast at 38.3 bushels per acre, down 2 bushels from last month and down 8.9 bushels from last year. Of the total production, 364 million bushels are Hard Red Spring wheat, down 5 percent from the previous forecast and down 26 percent from last year.

 

Read the full Aug. 10, 2017 Crop Production report

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Comments

 
Spell Check

Dave
Auburn, IN
8/10/2017 11:55 AM
 

  We need a class action lawsuit filed against the USDA , for all farmers

 
 
Pete
Kokomo, IN
8/10/2017 01:07 PM
 

  Why does no one throw these assholes that control or livelihood and family farms in jail. This a criminal act and should be dealt with. If all the farmers want the government to take over our farms because the have pushed us out of business then we can become like North Korea. Something needs to be done now. These f-ing bastards are getting rich off of us and we are going under. F-U usda and Chicago board of trade. I hope u all burn in hell.

 
 
GoldKey Farms
Belle Plaine, MN
8/10/2017 02:14 PM
 

  Oh the games the market plays..... I am very blessed that where I am at in MN we have "good" crops, they aren't excellent. 2015 was the year, last year was 10% of "15" and I suspect this year will be 10% off "16" our area has not had enough rain during pollination and grain fill. Temps are cold, GDU's are on or below the 10 year average but crops are behind, we will be pushed to have corn and beans make it to maturity before a frost. If the crop doesn't fully mature, there goes more yield off the top, both corn and beans. The USDA reports are a joke no doubt, best thing is have enough storage so you can dribble sales out throughout the year, then you don't need to buy calls and puts and waste money there. Good Luck to you all and have a safe harvest.

 
 

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