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New USDA Harvest Projections Down from 2018

Based on November 1 conditions, Nebraska's 2019 corn crop is forecast at 1.77 billion bushels, down 1% from last year's production, according to the USDA's National Agricultural Statistics Service. Area to be harvested for grain, at 9.75 million acres, is up 5% from a year ago. Yield is forecast at 182 bushels per acre,
down 10 bushels from last year.
 
Soybean production is forecast at 282 million bushels, down 13% from last year. Area for harvest, at 4.95 million acres, is 11% below 2018. Yield is forecast at 57 bushels per acre, down 1 bushel from last year.
 
Sorghum production is forecast at 13.7 million bushels, down 14% from last year. Area for harvest, at 140,000 acres, is 18% below 2018. Yield is forecast at 98 bushels per acre, up 4 bushels from last year.
 
Sugarbeet production is forecast at 1.21 million tons, down 14% from last year. Area for harvest, at 43,600 acres, is down 1% from 2018. Yield is forecast at 27.8 tons per acre, down 4.1 tons from last year.
 
Potato acres of 20,000 were planted in 2019, up 3% from last year. Harvested acreage set at 19,700 acres, is up 2% from last year. Production is forecast at 9.26 million cwt, down slightly from last year. Yield is forecast at 470 cwt per acre, down 10 cwt from last year.
 
Source : unl.edu

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Iran War = “Trend is Your Friend” Short-Term BUT……

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