USDA Crop Production Report

Sep 12, 2018

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Corn Production Up 2 Percent from August Forecast
Soybean Production Up 2 Percent
Cotton Production Up 2 Percent

Corn production is forecast at 14.8 billion bushels, up 2 percent from August
and up 2 percent from last year. Based on conditions as of September 1,
yields are expected to average 181.3 bushels per acre, up 2.9 bushels from
the August forecast and up 4.7 bushels from 2017. If realized, this will be
the highest yield on record for the United States. Area harvested for grain
is forecast at 81.8 million acres, unchanged from the August forecast, but
down 1 percent from 2017.

Soybean production is forecast at a record 4.69 billion bushels, up 2 percent
from August and up 7 percent from last year. Based on September 1 conditions,
yields are expected to average a record high 52.8 bushels per acre, up
1.2 bushels from last month and up 3.7 bushels from last year. Area for
harvest in the United States is forecast at 88.9 million acres, unchanged
from August but down 1 percent from 2017.

All cotton production is forecast at 19.7 million 480-pound bales, up 2
percent from August but down 6 percent from last year. Yield is expected to
average 895 pounds per harvested acre, down 16 pounds from last month and
down 10 pounds from last year. Harvested area for all cotton is expected to
total 10.6 million acres, down 5 percent from 2017. Upland cotton production
is forecast at 18.9 million 480-pound bales, down 6 percent from 2017. Upland
harvested area is expected to total 10.3 million acres, down 5 percent from
last year. Pima cotton production, forecast at 771,000 bales, is up 10
percent from last year. Pima cotton harvested area, at 245,400 acres, is down
2 percent from 2017.

California Navel orange production, for the 2018-2019 season, is forecast at
1.60 million tons (40.0 million boxes), up 11 percent from last season. This
initial forecast is based on an objective measurement survey conducted in
California's Central Valley from June (due to a larger sample size) to the
beginning of September. The objective measurement survey indicated that fruit
set was above last year but the average fruit size was below last year.
Harvest is expected to begin in October.

Source : WASDE