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Central Florida | CROP PRODUCTION, DECEMBER STOCKS REVISIONS
USDA now tallies 2009 corn production at 13.131 billion bushels, down from 13.151 b bu in the 2009 annual production report that was released Jan. 12. The decrease is a result of a survey USDA conducted of producers in Illinois, Michigan, Minnesota and Wisconsin. USDA still intends to re-survey producers in North and South Dakota, but has not yet set a date for that.
As a result of the re-survey, USDA said corn harvested area declined 10,000 acres in Michigan, but was unchanged in the other three states. Yields in both Illinois and Minnesota decreased 1.0 bushel per acre; yields in Michigan and Wisconsin were unchanged. The revisions took U.S. yields to 164.9 bpa, down from 165.2 bpa in the Jan. 12 report.
A re-survey of soybean producers in Georgia, North and South Carolina and Virginia led to a decrease in 2009 soybean production to 3.359 billion bushels, down from 3.361 billion bushels in the January report.
Soybean harvested area was reduced 10,000 acres in Georgia, 20,000 acres in North Carolina and 5,000 acres in South Carolina, but was unchanged in Virginia. Yields decreased 0.5 bpa in South Carolina and 1.0 bpa in Virginia, but were unchanged in the other two states. U.S. yield remained at 44.0 bpa.
USDA made small adjustments to the Dec. 1 Stocks report, to reflect the results of the re-survey. Dec. 1 corn stocks were revised to 10.914 billion bushels, down 20 million bushels, and Dec. 1 soybeans stocks are now reported at 2.335 billion bushels, down 2 m bu.
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So who has emptied a corn bin?
