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USDA CROP REPORT: PRODUCTION TO BE DOWN IN ALL MAJOR U.S. CROPS
Source: USDA news release

Corn production is forecast at 11.0 billion bushels, down 1 percent from last year and 7 percent below 2004. Based on conditions as of August 1, yields are expected to average 152.2 bushels per acre, up 4.3 bushels from last year. If realized, yield would be the second
largest and production would be the third largest on record.

Forecast yields across the Great Plains and western Corn Belt are at or below last year as scarce precipitation and above normal temperatures depleted soil moisture levels and caused crop conditions to decline. Expected yields are generally higher than last year in the eastern Corn Belt and Ohio Valley as frequent rainfall and near normal temperatures throughout much of the growing season helped maintain adequate soil moisture.

The largest yield increase from last year is in Illinois where farmers expect to average 172 bushels per acre, 29 bushels above last year's drought-reduced yield. The largest yield decreases are expected in Alabama, Mississippi, Georgia, and North Dakota.

Soybean production is forecast at 2.93 billion bushels, down 5 percent from 2005 and down 6 percent from 2004. Based on August 1 conditions, yields are expected to average 39.6 bushels per acre, down 3.7 bushels from the record high U.S. yield set last year. Yields are lower than 2005 throughout the Great Plains, the western Corn Belt, and the Gulf Coast States, while yields are
expected to remain unchanged or increase in the Ohio Valley, Arkansas, Missouri, and the Atlantic Coast States. Area for harvest, at 73.9 million acres, remains unchanged from June but is up 4 percent from 2005.

All Cotton production is forecast at 20.4 million 480-pound bales, down 14 percent from last year's record high 23.9 million bales.

Yield is expected to average 765 pounds per harvested acre, down 66 pounds from 2005. Upland cotton production is forecast at 19.5 million 480-pound bales, 16 percent below 2005. Missouri and Tennessee producers are expecting record high production at 1.03 million and 1.25 million 480-pound bales, respectively.

American-Pima production is forecast at a record high
893,000 bales, up 42 percent from last year. Producers expect to harvest 12.8 million acres of all cotton and 12.5 million acres of upland cotton, down 7 percent and 8 percent, respectively. American-Pima harvested area is expected to total a record high 333,000 acres, up 24 percent from 2005.

All wheat production, at 1.80 billion bushels, is down slightly from the July forecast and down 14 percent from 2005. Based on August 1 conditions, the U.S. yield is forecast at 38.3 bushels per acre, unchanged from last month but 3.7 bushels below last year.

Winter wheat production is forecast at 1.28 billion bushels, up slightly from last month but 14 percent below 2005. Area harvested for grain totals 31.1 million acres, unchanged from last month but down 8 percent from last year. The U.S. yield is forecast at 41.2 bushels per acre, up 0.1 bushel from July 1.

Hard Red production is down fractionally from a month ago at 660 million bushels. Soft Red is up 1 percent from last month and now totals 380 million bushels. White production totals 243 million bushels, down 1 percent from last month. Of the White production total, 19.9 million bushels are Hard White and 223 million bushels are Soft White.

Durum wheat production is forecast at 54.7 million bushels, down 9 percent from last month and down 46 percent from 2005. The U.S. yield is forecast at 30.0 bushels per acre, 3.1 bushels less than last month and down 7.2 bushels from last year. Area harvested for
grain totals 1.82 million acres, unchanged from last month but down 33 percent from last year. If realized, this will be the lowest harvested area since 1961 and the lowest production since 1988.

Other Spring wheat production is forecast at 464 million bushels, down slightly from last month and 8 percent below 2005. Area harvested for grain totals 14.2 million acres, unchanged from last month but up 4 percent from last year. The U.S. yield is forecast at 32.7 bushels per acre, 0.2 bushel less than last month and down 4.4 bushels from 2005. Of the total production, 423 million bushels are Hard Red Spring wheat, down less than 1 percent from
last month.


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