Corn crop up 24%, soybeans down 18%

by Ron Sterk
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WASHINGTON — The U.S. Department of Agriculture estimated the 2007 U.S. corn crop at 13,053,617,000 bus, up 2,518,749,000 bus, or 24%, from 10,534,868,000 bus in 2006 (click here to read report). If realized, it would be the largest crop on record and the most harvested acres since 1933. The 2007 soybean crop was estimated at 2,625,274,000 bus, down 562,973,000 bus, or 18%, from a record large crop of 3,188,247,000 bus in 2006. All wheat production was estimated at 2,114,024,000 bus, down 24,228,000 bus, or 1%, from July but 301,988,000 bus, or 17%, above 2006. Winter wheat outturn was estimated at 1,537,262,000 bus, down 2% from July but up 18% from a year ago. Spring wheat other than durum was estimated at 500,073,000 bus, up 2,425,000 bus from July and up 9% from last year. Durum production was put at 76,689,000 bus, down 3% from July but up 43% from 2006.

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