Informa Sees Higher Harvested Acres
Sep 21, 2012
From The Editor
September 21, 2012
Hello Pro Farmer Members!
After the newsletter went to the printer, Informa Economics Inc. reportedly released its latest update of 2012 planted and harvested acres and projected 2013 planted acres.
The Memphis-based consulting firm reportedly put 2012 planted corn acres at 97.172 million. That's 767,000 acres above USDA's estimate in the June Acreage Report. Informa also put harvested corn acres this year at 87.657 million. That means harvested acres would be 90.2%.
Based on a normal harvested acre percentage of 92.5%, this estimate does reflect an increase in acres harvested for silage or simply abandoned. We're working with a harvested acreage percentage of 89.5%, based on data from the Pro Farmer Midwest Crop Tour.
On Tour this year, we collected 1,195 corn samples. Of that, 38 samples were under 10 bu. per acre. That's 3.2% of the total... and those are acres we figure will be abandoned or harvested for silage.
If 92.5% of planted corn acres are normally harvested for grain, that's the starting point. Removing an additional 3.2% from that total drops the harvested acreage percentage to 89.5%.
We also added more to the planted acreage tally than did Informa, but using the lower harvested acreage percentage means our harvested acreage estimate is 87.141 million. That's about a half-million below Informa's harvested acreage tally and is about 200,000 acres below USDA's harvested acreage estimate in the September Crop Production Report.
Informa reportedly estimated the 2012 corn crop at 11.093 billion bu. and projected a 2013 corn crop of 14.630 billion bu. on planted acres of 97.357 million and harvested acres of 90.215 million. Informa's first 2013 corn yield projection (trendline yield) was reportedly 162.2 bu. per acre.
That's it for now...
Have a safe harvest!
To join Pro Farmer, click here!