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USDA Crop Production

Winter wheat production is forecast at 1.51 billion bushels, up 2 percent from the May 1 forecast and up 9 percent from 2014. Based on June 1 conditions, the United States yield is forecast at 44.5 bushels per acre, up 1 bushel from last month and up 1.9 bushels from last year.

Hard Red Winter production, at 887 million bushels, is up 4 percent from last month. Soft Red Winter, at 414 million bushels, is down less than one percent from the May forecast. White Winter, at 204 million bushels, is up slightly from last month. Of the White Winter production, 12.4 million bushels are Hard White and 191 million bushels are Soft White.

The United States all orange forecast for the 2014-2015 season is 6.43 million tons, unchanged from the previous forecast but down 5 percent from the 2013-2014 final utilization. The Florida all orange forecast, at 96.4 million boxes (4.34 million tons), is unchanged from the previous forecast but down 8 percent from last season's final utilization. Early, midseason, and Navel varieties in Florida are forecast at 47.4 million boxes (2.13 million tons), unchanged from the previous forecast but down 11 percent last season's final utilization. The Florida Valencia orange forecast, at 49.0 million boxes (2.21 million tons), is unchanged from the previous forecast but down 5 percent from last season's final utilization. California and Texas orange production estimates were carried forward from the previous forecast.

Florida frozen concentrated orange juice (FCOJ) yield forecast for the 2014-2015 season is 1.50 gallons per box at 42.0 degrees Brix, up 1 percent from the May forecast but down 4 percent from last season's final yield of 1.57 gallons per box. The non-Valencia portion is finalized at 1.42 gallons per box, down 7 percent from last season's yield. The Valencia portion is projected at 1.59 gallons, down 1 percent from last month's forecast and down 3 percent from last season's final yield of 1.64 gallons per box. All projections of yield assume the processing relationships this season will be similar to those of the past several seasons.

Source: USDA


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