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


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

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, August 23, 2019  Fri, 23 Aug 2019 16:57:11 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, August 23, 2019  Fri, 23 Aug 2019 16:56:21 CDT
  • USDA Cattle on Feed Report Proves Friendlier Than Expected with Placements 2% Under Last Year  Fri, 23 Aug 2019 15:14:29 CDT
  • Friday Market Wrap-Up with Justin Lewis  Fri, 23 Aug 2019 14:08:57 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 23 Aug 2019 14:07:51 CDT
  • American Soybean Association Laments Newly Announced Escalation of Chinese Tariff Situation  Fri, 23 Aug 2019 13:10:45 CDT
  • National Cattlemen's Beef Association Addresses Packing Plant Fire, Details Recovery Efforts Underway  Fri, 23 Aug 2019 12:54:18 CDT
  • Corn Farmers Appreciative of USDA's Revised Methodology for MFP Payment Calculations  Fri, 23 Aug 2019 11:01:20 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.