USDA August Crop Production Report Text Highlights

August 10, 2012 02:47 AM
 

 

 Corn Production Down 13 Percent from 2011 Soybean Production Down 12 Percent from 2011 Cotton Production Up 13 Percent from 2011 Winter Wheat Production Up 1 Percent from July Forecast



Corn production is forecast at 10.8 billion bushels, down 13 percent from 
2011 and the lowest production since 2006. Based on conditions as of 
August 1, yields are expected to average 123.4 bushels per acre, down 
23.8 bushels from 2011. If realized, this will be the lowest average yield 
since 1995. Area harvested for grain is forecast at 87.4 million acres, down 
2 percent from the June forecast but up 4 percent from 2011. 

Soybean production is forecast at 2.69 billion bushels, down 12 percent from 
last year. Based on August 1 conditions, yields are expected to average 
36.1 bushels per acre, down 5.4 bushels from last year. If realized, the 
average yield will be the lowest since 2003. Area for harvest is forecast at 
74.6 million acres, down 1 percent from June but up 1 percent from 2011.

All cotton production is forecast at 17.7 million 480-pound bales, up 
13 percent from last year. Yield is expected to average 784 pounds per 
harvested acre, down 6 pounds from last year. Upland cotton production is 
forecast at 17.0 million 480-pound bales, up 15 percent from 2011. Pima 
cotton production, forecast at 663,000 bales, is down 22 percent from last 
year. Producers expect to harvest 10.8 million acres of all cotton, up 
14 percent from 2011. This harvested total includes 10.6 million acres of 


Upland cotton and 233,400 acres of Pima cotton.


All wheat production, at 2.27 billion bushels, is up 2 percent from the 
July forecast and up 13 percent from 2011. Based on August 1 conditions, the 
United States yield is forecast at 46.5 bushels per acre, up 0.9 bushel from 
last month and up 2.8 bushels from last year.

Winter wheat production is forecast at 1.68 billion bushels, up 1 percent 
from July and up 13 percent from 2011. Based on August 1 conditions, the 
United States yield is forecast at a record high 48.0 bushels per acre, up 
0.3 bushel from last month and 1.8 bushels higher than last year. The area 
expected to be harvested for grain or seed totals 35.0 million acres, 
unchanged from last month but up 8 percent from last year.


Hard Red Winter, at 1.01 billion bushels, is up slightly from a month ago. 
Soft Red Winter production is up 1 percent from the previous forecast and now 
totals 435 million bushels. White Winter production totals 236 
million bushels, up 2 percent from last month. Of this total, 13.9 million 
bushels are Hard White and 222 million bushels are Soft White.


Durum wheat production is forecast at 86.0 million bushels, up 5 percent from 
July and up 70 percent from 2011. The United States yield is forecast at 
40.5 bushels per acre, up 1.9 bushels from last month and up 2.0 bushels from 
last year. Expected area to be harvested for grain totals 2.12 million acres, 
unchanged from last month, but up 62 percent from last year.


Other spring wheat production is forecast at 500 million bushels, up 
6 percent from the July forecast and up 10 percent from last year. Area 
harvested for grain is expected to total 11.7 million acres, unchanged from 
last month but down 3 percent from last year. The United States yield is 
forecast at 42.8 bushels per acre, up 2.4 bushels from last month and 5.1 
bushels above 2011. Of the total production, 463 million bushels are Hard Red 
Spring Wheat, up 6 percent from last month and up 16 percent from last year. 

 

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