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Agricultural News


Corn and Soybean Crops Were Record Large in 2009- Wheat Plantings for 2010 Smallest Since 1913!

Tue, 12 Jan 2010 8:11:36 CST

Corn and Soybean Crops Were Record Large in 2009- Wheat Plantings for 2010 Smallest Since 1913! Acres planted to wheat this past fall are well down from the number of acres planted in 2008- and USDA reports the smallest wheat plantings for all winter wheat since 1913. For Oklahoma, the total number of acres planted appears to be 5.2 million acres, down a half million acres from the number of acres planted a year earlier- the 5.2 million acre number is the smallest wheat plantings in the state since 1971.

Click here for the USDA Winter Wheat Plantings Report

Our own Ed Richards talked with Tom Leffler of Leffler Commodities about all of the numbers- wheat seedings, production numbers from the 2009 crop and stocks. Click on the Listen Bar below to hear his comments about the surprises included in the various reports released by USDA this morning.


Here is the commentary that USDA offered in the Tuesday morning report on wheat seedings:


Winter Wheat: Planted area for harvest in 2010 is estimated at 37.1 million acres, down 14 percent from 2009 and the lowest since 1913. Seeding began last August and by mid-September was behind the 5-year average. The late row crop harvest and wet weather delayed planting in most States. The winter wheat crop condition at the end of November was rated 64 percent good to excellent compared with 65 percent the previous year.

Hard Red Winter (HRW) wheat seeded area is about 27.8 million acres, down 12 percent from 2009. Poor weather, low prices, and the late row crop harvest contributed to the decrease. Acreage is expected to be below last year=s level in most States in the HRW growing area, with a record low in Nebraska. The largest acreage decreases are in Kansas, Montana, Oklahoma, and Texas. Winter wheat seeded in Kansas is down 700,000 acres, 8 percent below 2009 and the lowest planted acres since 1957. Montana is down 550,000 acres, 22 percent below 2009 and the third largest decrease on record. Winter wheat in Oklahoma is expected to be down 500,000 acres, the lowest acreage since 1971. Acreage in Texas is down 1.00 million acres, the fourth largest decrease on record and lowest planted area since 1973.

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The 2009 Annual Crop Production Numbers which help finalize many of the crops grown this past year surprised a lot of folks as they show a record soybean crop(actually expected) and a record corn crop (totally UNexpected).

Click here for the USDA Annual Crop Production numbers as issued on Tuesday morning January 12.

Here are the highlights of that report as issued by USDA:

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.

Sorghum grain production in 2009 is estimated at 383 million bushels, up 5 percent from the November 1 forecast but 19 percent below 2008. Planted area is estimated at 6.63 million acres, down 20 percent from last year and is the third lowest acreage total on record. Area harvested for grain, at 5.52 million acres, is down 24 percent from 2008. Average grain yield, at 69.4 bushels per acre, is up 5.4 bushels from the previous forecast and up 4.4 bushels from last year.

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.

All cotton production is estimated at 12.4 million 480-pound bales, down 2 percent from last month and down 3 percent from 2008. The U.S. yield is estimated at 774 pounds per acre, down 8 pounds from the December 1 forecast and down 39 pounds from last year. Harvested area, at 7.69 million acres, is down less than 1 percent from December but up 2 percent from last year.

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Stocks of the three major grains- corn, soybeans and wheat, all rose in the latest quarterly grain stocks report.

Click here for the Stocks Report as Released by NASS at USDA on Tuesday.
The report includes these overviews:

Corn Stocks Up 9 Percent from December 2008 Soybean Stocks Up 3 Percent All Wheat Stocks Up 24 Percent Corn stored in all positions on December 1, 2009 totaled 10.9 billion bushels, up 9 percent from December 1, 2008. Of the total stocks, 7.45 billion bushels are stored on farms, up 15 percent from a year earlier. Off-farm stocks, at 3.49 billion bushels, are down 3 percent from a year ago. The September - November 2009 indicated disappearance is 3.89 billion bushels, compared with 3.64 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2009 totaled 2.34 billion bushels, up 3 percent from December 1, 2008. Soybean stocks stored on farms totaled 1.23 billion bushels, up 4 percent from a year ago. Off-farm stocks, at 1.11 billion bushels, are up 2 percent from last December. Indicated disappearance for September - November 2009 totaled 1.16 billion bushels, up 30 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2009 totaled 1.77 billion bushels, up 24 percent from a year ago. On-farm stocks are estimated at 559 million bushels, up 23 percent from last December. Off-farm stocks, at 1.21 billion bushels, are up 25 percent from a year ago. The September - November 2009 indicated disappearance is 444 million bushels, up 2 percent from the same period a year earlier.


   
   




Ed Richards talks to Tom Leffler about the multiple USDA reports released on Tuesday January 12
right-click to download mp3

 

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