Based on conditions September 1, Indiana’s 2012 corn production is forecast at 605.0 million bushels, down 28 percent from the 839.5 million bushels produced in 2011. If realized, the expected yield of 100 bushels per acre would be down 46 bushels from last year’s 146 bushels per acre. The 6.05 million acres for harvest is up 5 percent from the acreage harvested last year. As of September 1, corn condition was rated 8 percent good to excellent.
Soybean production is forecast at 184.6 million bushels, down 22 percent from the 238.1 million bushels produced in 2011. The expected yield of 37 bushels per acre is down 8.0 bushels from the previous year. The acreage expected to be harvested for beans, at 4.99 million acres, is down 6 percent from 2011. As of September 1, soybean condition was rated 20 percent good to excellent.
U.S. corn production is forecast at 10.7 billion bushels, down less than 1 percent from the August forecast and down 13 percent from 2011. This represents the lowest production in the United States since 2006. Based on conditions as of September 1, yields are expected to average 122.8 bushels per acre, down 0.6 bushel from the August forecast and 24.4 bushels below the 2011 average. If realized, this will be the lowest average yield since 1995. Area harvested for grain is forecast at 87.4 million acres, unchanged from the August forecast but up 4 percent from 2011.
National soybean production is forecast at 2.63 billion bushels, down 2 percent from August and down 14 percent from last year. Based on September 1 conditions, yields are expected to average 35.3 bushels per acre, down 0.8 bushel from last month and down 6.2 bushels from last year. Compared with last month, yield forecasts are lower or unchanged across the Great Plains and most of the Corn Belt as lingering drought conditions continued to hamper yield expectations. Area for harvest in the United States is forecast at 74.6 million acres, unchanged from August but up 1 percent from last year.
Source: Indiana NASS