Based on conditions August 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 6.1 million acres for harvest is up 5 from the acreage harvested last year. As of August 1, corn condition was rated 9 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 August 1, soybean condition was rated 16 percent good to excellent.
Winter wheat production is forecast at 22.1 million bushels, up 3 percent from July 1 and down 11 percent from last year’s level of 24.8 million bushels. The average yield is estimated at 67 bushels per acre. This average is up bushels from the previous month’s yield, and 5 bushels above last year’s yield of 62 bushels per acre. Area for harvest at 330,000 acres is unchanged from July’s forecast, but down 17 percent from the previous year’s acreage of 400,000.
U.S. corn production is forecast at 10.8 billion bushels, down 13 percent from 2011 and the lowest production since 2006. Based on conditions as of August 1, yields are expected to average 123.4 bushels per acre, down 23.8 bushels from 2011. If realized, this will be the lowest average yield since 1995. Area harvested for grain is forecast at 87.4 million acres, down 2 percent from the June forecast but up 4 percent from 2011.
National soybean production is forecast at 2.69 billion bushels, down 12 percent from last year. Based on August 1 conditions, yields are expected to average 36.1 bushels per acre, down 5.4 bushels from last year. If realized, the average yield will be the lowest since 2003. Area for harvest is forecast at 74.6 million acres, down 1 percent from June but up 1 percent from 2011.
U.S. all wheat production, at 2.27 billion bushels, is up 2 percent from the July forecast and up 13 percent from 2011. Based on August 1 conditions, the United States yield is forecast at 46.5 bushels per acre, up 0.9 bushel from last month and up 2.8 bushels from last year.
Source: Indiana NASS