November 15, 2013
U.S. corn growers remain on track for a record high 14 billion bushel production year, according to the Crop Production report, released this week by the U.S. Department of Agriculture's National Agricultural Statistics Service (NASS).
Based on administrative data, NASS revised the acreage planted to corn this season to 95.3 million acres, down 2 percent from the previous estimate. Despite the decrease, however, production forecast remained high due to high forecasted yields. This season's yields are expected to average 160.4 bushels per acre, with corn growers in 18 states forecast to reach record yields this year. The weather also remains good for harvest so far this year, allowing growers to harvest 73 percent of the corn crop by Nov. 3, which is 2 percentage points ahead of the 5-year average harvest rate.
The full report is available at http://usda01.library.cornell.edu/usda/current/CropProd/CropProd-11-08-2013.pdf