Crop Production report: Corn and soybean production down
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The following information was included in this morning's Crop Production report:
Corn: Corn production is forecast at 12.4 billion bushels, down 1 percent from the September forecast and down slightly from the 2010 production estimate. If realized, this will be the fourth largest production total on record for the United States. Based on conditions as of October 1, yields are expected to average 148.1 bushels per acre, unchanged from the September forecast but down 4.7 bushels from 2010. If realized, this will be the lowest average yield since 2005. Area harvested for grain is forecast at 83.9 million acres, down 1 percent from the September forecast. Acreage updates were made in several States based on administrative data.
Soybean: Soybean production is forecast at 3.06 billion bushels, down 1 percent from September and down 8 percent from last year. Based on October 1 conditions, yields are expected to average 41.5 bushels per acre, down 0.3 bushel from last month and down 2 bushels from last year. If realized, the average yield will be the second lowest since 2003. Area for harvest is forecast at 73.7 million acres, down slightly from September and down 4 percent from 2010.
Cotton: All cotton production is forecast at 16.6 million 480-pound bales, up slightly from last month but down 8 percent from last year. Yield is expected to average 809 pounds per harvested acre, down 3 pounds from last year. Upland cotton production is forecast at 15.9 million 480-pound bales, down 10 percent from 2010. American Pima production, forecast at 737,200 bales, was carried forward from last month.
Oranges: The United States all orange forecast for the 2011-2012 season is 8.99 million tons, up 1 percent from the 2010-2011 final utilization. The Florida all orange forecast, at 147 million boxes (6.62 million tons), is up 5 percent from last season's final utilization.
“Weather conditions in Florida during early 2011 were characterized by drought conditions covering the majority of the citrus growing region,” according to the report. “Seasonal showers in August and September brought relief to some growers. Average fruit per tree is projected to be 3 percent lower than last season. California's Navel orange crop continued to develop slightly behind schedule, with harvest expected to begin in November.”
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