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


Export Estimates Rise for 2013 Record U.S. Corn Crop

Mon, 10 Feb 2014 14:16:57 CST

Export Estimates Rise for 2013 Record U.S. Corn Crop
U.S. Department of Agriculture estimates released today lowered ending stocks estimates by 150 million bushels on increased export estimates for the record 2013 corn crop. This change resulted in an upward revision of the average farm price by 10 cents per bushel at both ends of the spectrum.


"It is clear that America's farmers have the ability to produce an abundance to meet all needs," said National Corn Growers Association President Martin Barbre, a farmer from Carmi, Ill. "Given this ability, it is imperative that we maximize markets for this essential national resource."


Average yield estimates for the crop are 158.8 bushels per acre while harvest area estimates are 87.7 million acres. The resulting yield broke previous records with 13.9 billion bushels of U.S. corn produced in 2013.
Projected corn exports were raised 150 million bushels from the previous month to a new total of 1.6 billion bushels in 2013. At the same time, projected ending stocks declined by the same amount. The season-average farm price was raised slightly to $4.50 per bushel, still sharply down from the record $6.70 to $7.10 the prior year.


For the full World Agricultural Supply and Demand Estimate, click here.



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • John Deere Producing Protective Face Shields for Health-care Workers  Thu, 09 Apr 2020 10:49:47 CDT
  • Detlefsen Predicts Protective Equipment Shortages in Food Chain to Linger into Summer  Thu, 09 Apr 2020 10:45:47 CDT
  • Caring for Family Members with Coronavirus at home  Thu, 09 Apr 2020 07:49:47 CDT
  • Thursday Preopening Market Update with Dave Lanning  Thu, 09 Apr 2020 06:52:06 CDT
  • Cattle Industry Appeals Directly to the White House Regarding Cattle Market Crash Since the Beginning of the Coronavirus Pandemic  Thu, 09 Apr 2020 05:45:48 CDT
  • Feeder Steers and Heifers Lower at OKC West - El Reno on Wednesday  Thu, 09 Apr 2020 05:03:50 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday April 8, 2020  Wed, 08 Apr 2020 16:45:42 CDT
  • Chicken Processors Redoubling Efforts to Keep Essential Workers Safe and Healthy   Wed, 08 Apr 2020 16:41:37 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.