Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Report Lowers Yields Slightly, But Keeps Farmers on Pace for a Record Corn Crop

Mon, 12 Aug 2013 16:04:20 CDT

Report Lowers Yields Slightly, But Keeps Farmers on Pace for a Record Corn Crop
Despite slight decreases in the forecasts for overall production and national yield, U.S. farmers are still on track to produce a record corn crop, according to U.S. Department of Agriculture estimates released today. The projected harvest of 13.8 billion bushels of corn fell 187 million bushels from the forecast a month prior as the first survey-based yield forecast fell to 154.4 bushels per acre. If this forecasts is realized, U.S. corn farmers would far exceed the production record set in 2009 of 13.09 billion bushels.


"Despite planting delays and somewhat cool, wet conditions across much of the Corn Belt, farmers have worked diligently to grow the best crop possible," said National Corn Growers Association First Vice President Martin Barbre, a farmer from Carmi, Ill. "We are pleased to see that this work is coming to fruition in many of the fields surveyed by the USDA in order to produce this forecast. Farmers merge cutting-edge technology and ever-improving practices to create a dynamic industry capable of operating at a level unthinkable only a few decades prior. As harvest slowly approaches, we hope that conditions hold strong and look forward to getting the crop out of the field and into the bins."


Total production projections were lowered from last month by 187 million bushels to 13.8 billion bushels total. The projected yield was also lowered by 2.1 bushels per acre to 154.4 bushels per acre to reflect reports from field surveys. Notably, if achieved, this would still be the third highest national average corn yield on record.


Corn beginning stocks projections were lowered by 10 million bushels based upon a 15-million bushel increase in the previous crop year's exports. A five-million-bushel increase in imports partially offset the decline in beginning stocks.


U.S. corn ending stocks for 2013-2014 are projected at 1.83 billion bushels, 122 million bushels lower than a month prior. The season-average farm price, now projected ten cents higher at each end to $4.50 to $5.30 per bushel, remains down sharply from the record $6.70 to $7.10 the prior year.


For the full report, click here.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, June 14, 2019  Fri, 14 Jun 2019 16:39:02 CDT
  • Friday Market Wrap-Up with Justin Lewis  Fri, 14 Jun 2019 14:22:04 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn   Fri, 14 Jun 2019 14:02:28 CDT
  • Cattle Producers Should Watch for Signs of Blackleg and Anthrax After Floodwaters Recede  Fri, 14 Jun 2019 13:28:28 CDT
  • Emergency Watershed Protection Program Now Available to Help Flooded Farmers Back on Their Feet  Fri, 14 Jun 2019 13:23:02 CDT
  • Agriculture Secretary Sonny Perdue Announces New Dairy Margin Coverage Signup Begins June 17  Fri, 14 Jun 2019 13:13:46 CDT
  • Ron Hays Talks Floods, 4-H and Youth with Oklahoma State Secretary of Agriculture Blayne Arthur  Fri, 14 Jun 2019 13:02:39 CDT
  • Texas Cattle Feeders Association Launches New Website Devoted to Telling the Cattle Feeding Story  Fri, 14 Jun 2019 09:41:38 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.