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September 2013 USDA Crop Production summary

2013-09-17 22:51:00| Corn & Soybean Digest

The USDA Crop Production Report released on Sept. 12 made a slight increase in the expected U.S. corn production for 2013, as compared to the August USDA Report, while making a 3% reduction in estimated 2013 U.S. soybean production. USDA is now estimating total 2013 corn production at 13.8 billion bushels, which if realized, would result a new record for annual U.S. corn production. Total U.S. corn production was 10.8 billion bushels in the drought year of 2012, 12.3 billion bushels in 2011, and 12.5 billion bushels in 2010. USDA left the anticipated harvested corn acres at 89.1 million acres, which is unchanged from the Aug. 1 estimate. Focus on Ag read more

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