Corn Production Up 1 Percent from October Forecast
Soybean Production Up 2 Percent
Cotton Production Up 1 Percent
Orange Production Up 2 Percent
Corn production is forecast at 15.2 billion bushels, up 1 percent from the
October forecast and up 12 percent from last year. Based on conditions as of
November 1, yields are expected to average 175.3 bushels per acre, up 1.9
bushels from the October forecast and up 6.9 bushels from 2015. If realized,
this will be the highest yield and production on record for the
United States. Area harvested for grain is forecast at 86.8 million acres,
unchanged from the October forecast but up 8 percent from 2015.
Soybean production is forecast at a record 4.36 billion bushels, up 2 percent
from October and up 11 percent from last year. Based on November 1
conditions, yields are expected to average a record 52.5 bushels per acre, up
1.1 bushels from last month and up 4.5 bushels from last year. Area for
harvest in the United States is forecast at a record 83.0 million acres,
unchanged from last month.
All cotton production is forecast at 16.2 million 480-pound bales, up 1
percent from October and up 25 percent from last year. Yield is expected to
average 803 pounds per harvested acre, up 6 pounds from last year. Upland
cotton production is forecast at 15.6 million 480-pound bales, up 25 percent
from 2015. Pima cotton production, forecast at 562,000 bales, was carried
forward from last month.
The United States all orange forecast for the 2016-2017 season is
5.32 million tons, up 2 percent from last month but down 10 percent from the
2015-2016 final utilization. The Florida all orange forecast, at
72.0 million boxes (3.24 million tons), is up 3 percent from last month but
down 12 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), up 6 percent from last month but down slightly from last
season's final utilization. The Florida Valencia orange forecast, at
36.0 million boxes (1.62 million tons), is unchanged from last month but
down 21 percent from last season's final utilization.
Florida frozen concentrated orange juice (FCOJ) yield forecast for the
2016-2017 season is 1.47 gallons per box at 42.0 degrees Brix, down 1 percent
from last month but up 4 percent from last season's final yield of
1.41 gallons per box. The projected yield from the 2016-2017 early and
midseason and Valencia varieties will be published in the January
Crop Production report. All projections of yield assume the processing
relationships this season will be similar to those of the past several
seasons.
Source : USDA