What is the USDA Crop Report on corn?
Corn: U.S. corn for grain production is estimated at a record 13.2 billion bushels, up 2 percent from the November 1 forecast, and 1 percent above the previous record of 13.0 billion bushels set in 2007. U.S. grain yield is also estimated at a record level for 2009, at 165.2 bushels per acre. This is up 2.3 bushels from the November forecast and 4.9 bushels above the previous record of 160.3 bushels per acre set in 2004. Soybean production in 2009 totaled 3.36 billion bushels, up 1 percent from the November 1 forecast and up 13 percent from 2008. U.S. production is the largest on record. The average yield per acre is estimated at a record high 44.0 bushels, 0.7 bushel above the November 1 forecast and 4.3 bushels above last year=s yield. Harvested area is up 2 percent from 2008 to a record 76.4 million acres. Iowa holds the title as the top producer for corn and soybeans. The Hawkeye state harvested more than 13.7 million acres of corn producing 2.438 billion bushels for a state averag
USDA Releases Crop Report — Corn and Soybeans at Record Production Levels Posted: Corn: U.S. corn for grain production is estimated at a record 13.2 billion bushels, up 2 percent from the November 1 forecast, and 1 percent above the previous record of 13.0 billion bushels set in 2007. U.S. grain yield is also estimated at a record level for 2009, at 165.2 bushels per acre. This is up 2.3 bushels from the November forecast and 4.9 bushels above the previous record of 160.3 bushels per acre set in 2004. Soybean production in 2009 totaled 3.36 billion bushels, up 1 percent from the November 1 forecast and up 13 percent from 2008. U.S. production is the largest on record. The average yield per acre is estimated at a record high 44.0 bushels, 0.7 bushel above the November 1 forecast and 4.3 bushels above last year=s yield. Harvested area is up 2 percent from 2008 to a record 76.4 million acres. Iowa holds the title as the top producer for corn and soybeans. The Hawkeye state harvested more
Even with a delayed harvest, USDA continued to project a record corn for the 2009 harvest with projected ending stocks being raised, even while lowering its export projections for the fourth consecutive report. In its monthly World Agriculture Supply and Demand Estimate released, Jan. 12, USDA estimated U.S. corn production at a record 13.2 billion bushels, up 230 million bushels with higher area and yields. Corn feed and residual use were projected 150 million bushels higher based on September to November disappearance as indicated by the Dec. 1 stocks report. Partly offsetting was a 10-million-bushel reduction in food, seed, and industrial use reflecting lower-than-expected September to November shipments of high fructose corn syrup. Sources: http://www.ethanolproducer.com/article.jsp?
