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


Midwest Farmers Pivot from Corn to Soybeans in Prospective Plantings Report

Tue, 01 Apr 2014 05:06:31 CDT

Midwest Farmers Pivot from Corn to Soybeans in Prospective Plantings Report American farmers expect to plant 3.7 million fewer acres of corn in 2014, a four percent decrease from 2013, according the U.S. Department of Agriculture's Prospective Plantings report released Monday.   If realized, total corn plantings in the United States would total 91.7 million acres for the lowest planted acreage since 2010. Notably, it would still be the fifth-largest U.S. corn acreage planted since 1944.



"In 2013, U.S. farmers produced a record crop abundant enough to meet all needs and provide an ample carry over into 2014," National Corn Growers Association President Martin Barbre said. "While it is still early in the season and many factors may change the reality on the ground as planting progresses, the public can rest assured that bountiful stockpiles and adequate plantings will ensure our corn security for the year to come."



The USDA's estimate for 2014 is for 91.7 million acres to be planted in field corn. Assuming the five-year average 83.9 percent harvest rate holds and the projected trend yield of 159.4 bushels per acre is achieved, farmers will harvest 13.37 billion bushels.


Many acres planted to corn last year are headed to soybeans in 2014. Producers surveyed across the United States intend to plant an estimated 81.5 million acres of soybeans in 2014, up 6 percent from last year and an all-time record high. If realized, soybeans will surpass the previous record of    77.5 million acres planted in the United States set in 2009.


Planted acreage intentions for soybeans are up or unchanged in all states except Missouri and Oklahoma. The largest increase is expected in North Dakota with a record high 5.65 million acres, an increase of one million acres from 2013. If realized, the planted area of soybeans in Nebraska, New York, Pennsylvania, South Dakota and Wisconsin will also be the largest on record.



In the Grain Stocks report, also released on Monday morning, USDA shows corn stocks in all positions stood at more than seven billion bushels on March 1, 2014, up 30 percent from the same time last year. Both figures for on- and off-farm corn in storage stood higher than at this time last year, up 45 and 15 percent respectively. In total, USDA shows 3.45 billion bushels of corn used between December and February, compared with 2.63 over the same period in 2013.


Click here for the 2014 Prospective Plantings Report.


Click here for the March 31 Stocks Report from USDA.




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • NPPC Cancels 2020 World Pork Expo  Mon, 30 Mar 2020 16:40:47 CDT
  • Majority of High Plains Wheat, Pasturre and Range Conditions are Rated Good to Excellent  Mon, 30 Mar 2020 16:35:48 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, March 30, 2020  Mon, 30 Mar 2020 14:59:53 CDT
  • Monday, March 30, 2020 Market Wrap-Up with Justin Lewis  Mon, 30 Mar 2020 14:03:56 CDT
  • OSU's Wheat Field days Canceled through May 10th   Mon, 30 Mar 2020 12:47:57 CDT
  • A Beef Board Update on COVID-19 Response by Contractors to Beef Checkoff  Mon, 30 Mar 2020 11:25:47 CDT
  • USDA Extends ReConnect Application Deadline to April 15  Mon, 30 Mar 2020 11:18:57 CDT
  • Zoom Webinars Planned for 2020 Cotton Production Planning and Dicamba Training by OSU  Mon, 30 Mar 2020 11:12:32 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.