USDA Raises Corn Harvest Forecast

Modesto Morganelli
Ottobre 13, 2017

"That's my way of gauging the surprise to UDSA and they didn't [react], but there's a pretty wide range on prices", he added.

Based on October 1 conditions, Kansas's 2017 corn production is forecast at 697 million bushels, down slightly from last year's production, according to the USDA's National Agricultural Statistics Service.

For soybeans, the US ending stocks are pegged at 430 million bushels, compared with the average analysts' estimate of 452 million bushels and the USDA's September estimate of 475 million. Yield is projected at 889 pounds per harvested acre on average, the second highest on record.

Dry Edible Bean production is forecast at 4.11 million hundredweight, up 49 percent from 2016. "It was partly because last year's crop was overstated by 11 million bushels", Roose says.

Global production for 2017/18 was forecast to increase 2.8m tons, the department said.

Cotton production is reduced 3 percent from September at 21.1 million bales. Acreage for harvest, at 42,000 acres, is up 3,000 from 2016. Record yield is forecast at 4.20 tons per acre, up 0.05 ton from 2016.

A Kewaunee County farmer said silage corn had to be harvested because of the very warm and dry conditions in late September. Yield is forecast at 1,333 pounds per acre, down 158 pounds per acre from a year ago.

Area for harvest in the United States is forecast at a record high 89.5 million acres, up 1 percent from September and up 8 percent from 2016. Yield is forecast at 1.60 tons per acre, up 0.05 ton from 2016. Of the acres for harvest, non-oil sunflowers account for 14,000 acres and oil sunflowers account for 28,000 acres.

Alfalfa fourth cutting was 89 percent complete, ahead of the 83 percent past year, and near the 87 percent average. Area for harvest, at 170,000 acres, is up 39 percent from a year ago.

Cotton production is a record forecast at 190,000 bales, up 168 percent from previous year. Area for harvest, at 650,000 acres, is down 7 percent from a year ago. Yield is forecast at 1,333 pounds per acre, down 92 pounds per acre from a year ago. Area for harvest, at 770,000 acres, is up 3 percent from a year ago.

- Sugarbeet production is forecast at 1.43 million tons, up 1 percent from 2016.

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