Annual Crop Production report.
From USDA
Corn for grain production is estimated at 13.6 billion bushels, down slightly from the November forecast and down 4 percent from the 2014 estimate. The average yield in the United States is estimated at 168.4 bushels per acre. This is down 0.9 bushel from the November forecast and 2.6 bushels below the 2014 average yield of 171.0 bushels per acre. Area harvested for grain is estimated at 80.7 million acres, up slightly from the November forecast but bdown 3 percent from the 2014 acreage.
Sorghum grain production in 2015 is estimated at 597 million bushels, up slightly from the November forecast and up 38 percent from the 2014 total. Planted area for 2015 is estimated at 8.46 million acres, up 19 percent from the previous year. Area harvested for grain, at 7.85 million acres, is up 23 percent from 2014. Average grain yield, at 76.0 bushels per acre, is down 1.7 bushels from the previous forecast but up 8.4 bushels from 2014 and represents a record high yield for the United States.
Rice: Production in 2015 is estimated at 192 million cwt, up less than 1 percent from the previous forecast but down 13 percent from the
revised 2014 total. Planted area for 2014 is estimated at 2.61 million acres, down 12 percent from 2014. Area harvested, at 2.58 million acres, is also down 12 percent from the previous crop year. The average yield for all United States rice is estimated at 7,470 pounds per acre, up 47 pounds from the previous forecast but 106 pounds below the 2014 United States average of 7,576 pounds per acre. A record high yield is estimated for California.
Soybean production in 2015 totaled a record 3.93 billion bushels, down 1 percent from the November forecast but up slightly from 2014. The average yield per acre is estimated at a record high 48.0 bushels, 0.3 bushel below the November forecast but 0.5 bushel above the 2014 yield. Harvested area is down less than 1 percent from last year's record acreage to 81.8 million acres.
All cotton production is estimated at 12.9 million 480-pound bales, down less bthan 1 percent from the December forecast and down 21 percent from 2014. The United States yield is estimated at 769 pounds per acre, up 1 pound from the December forecast but down 69 pounds from last year. Harvested area, at 8.08 million acres, is down less than 1 percent from the December forecast and down 14 percent from last year.
Orange Production Down 1 Percent from December Forecast
The United States all orange forecast for the 2015-2016 season is 5.25 million tons, down 1 percent from the previous forecast and down 18 percent from the 2014-2015 final utilization. The Florida all orange forecast, at 69.0 million boxes (3.11 million tons), is unchanged from last month's forecast but down 29 percent from last season's final utilization. Early, midseason, and Navel varieties in Florida are forecast at 36.0 million boxes (1.62 million tons), unchanged from last month but down 24 percent from last season's final utilization. The Florida Valencia orange forecast, at 33.0 million boxes (1.49 million tons), is unchanged from last month but down 33 percent from last season's final utilization.
The California Valencia orange forecast is 10.0 million boxes (400,000 tons), up 5 percent from previous forecast and from last season's final utilization. The California Navel orange forecast is 42.0 million boxes (1.68 million tons), down 2 percent from the previous forecast but up 6 percent from last season's final utilization. The Texas all orange forecast, at 1.41 million boxes (60,000 tons), is down 16 percent from previous forecast and down 3 percent last season's final utilization.
Florida frozen concentrated orange juice (FCOJ) yield forecast for the 2015-2016 season is 1.50 gallons per box at 42.0 degrees Brix, down 4 percent from the December forecast but unchanged from last season's final yield of 1.50 gallons per box. The early and midseason portion is projected at 1.38 gallons per box, down 3 percent from last season's final yield of 1.42 gallons per box. The Valencia portion is projected at 1.65 gallons up 4 percent from last year's final yield of 1.58 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