USDA Forecasts Record Corn Yield

Posted on 03/09/2017 10:20 AM

Corn Production Up 1 Percent from October Forecast
Soybean Production Up 2 Percent
Cotton Production Up 1 Percent

Corn production is forecast at 15.2 billion bushels, up 1 percent from the October forecast and up 12 percent from last year. Based on conditions as of November 1, yields are expected to average 175.3 bushels per acre, up 1.9 bushels from the October forecast and up 6.9 bushels from 2015. If realized, this will be the highest yield and production on record for the United States. Area harvested for grain is forecast at 86.8 million acres, unchanged from the October forecast but up 8 percent from 2015.

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Soybean production is forecast at a record 4.36 billion bushels, up 2 percent from October and up 11 percent from last year. Based on November 1 conditions, yields are expected to average a record 52.5 bushels per acre, up 1.1 bushels from last month and up 4.5 bushels from last year. Area for harvest in the United States is forecast at a record 83.0 million acres, unchanged from last month.

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All cotton production is forecast at 16.2 million 480-pound bales, up 1 percent from October and up 25 percent from last year. Yield is expected to average 803 pounds per harvested acre, up 6 pounds from last year. Upland cotton production is forecast at 15.6 million 480-pound bales, up 25 percent from 2015. Pima cotton production, forecast at 562,000 bales, was carried forward from last month.

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