Corn, soybean, wheat crops down 1% from October

by Ron Sterk
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WASHINGTON — U.S. 2010 corn production was forecast at 12,540 million bus, down 1% from 12,664 million bus forecast in October and down 4% from a record 13,110 million bus in 2009, and soybean production was forecast at a record 3,375 million bus, also down 1% from 3,408 million bus forecast in October but up slightly from 3,359 million bus last year, the U.S. Department of Agriculture said in its Nov. 9 Crop Production report.
U.S. 2010 all wheat production was estimated at 2,208 million bus, down 1% from the U.S.D.A.’s Sept. 30 Small Grains 2010 Summary and down slightly from 2,218 million bus in 2009. Other spring wheat production was estimated at 616 million bus, down 2% from September but up 5% from 584 million bus in 2009. Durum production was revised to 107 million bus, down 4% from September and down 2% from 109 million bus last year. The U.S.D.A. resurveyed growers in Idaho, Montana, North Dakota, Oregon, Washington and Wyoming because of the later-than-normal harvest.

The U.S.D.A. production numbers were below the average pre-report trade estimates of 12,545 million bus for corn and 3,426 million bus for soybeans.

Based on Nov. 1 conditions, corn yield was forecast at 154.3 bus an acre, down 1.5 bus from the October forecast and 10.4 bus below the 2009 record of 164.7 bus an acre, the U.S.D.A. said. Corn area harvested for grain in 2010 was forecast at 81.3 million acres, unchanged from October and up 2% from 2009, the U.S.D.A. said.

Soybean yield based on Nov. 1 conditions was forecast to average 43.9 bus an acre, down 0.5 bu from October and 0.1 bu below the record high of 44 bus in 2009. Harvested area was forecast at 76.8 million unchanged from October but up 1% from 2009.

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