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USDA Crop Production Report

USDA Crop Production Report July 11, 2014 http://usda.mannlib.cornell.edu/usda/current/CropProd/CropProd-07-11-2014.pdf

USDA Summary:

Winter Wheat Production Down 2 Percent from May
Orange Production Down 4 Percent from May

Winter wheat production is forecast at 1.38 billion bushels, down 2 percent from the May 1 forecast and down 10 percent from 2013. Based on June 1 conditions, the United States yield is forecast at 42.4 bushels per acre, down 0.7 bushel from last month and down 5.0 bushels from last year.

Hard Red Winter production, at 720 million bushels, is down 3 percent from last month. Soft Red Winter, at 454 million bushels, is up 2 percent from the May forecast. White Winter, at 206 million bushels, is down 1 percent from last month. Of the White Winter production, 10.9 million bushels are Hard White and 196 million bushels are Soft White.

The United States all orange forecast for the 2013-2014 season is 6.94 million tons, down 4 percent from the previous forecast and down 16 percent from the 2012-2013 final utilization. The Florida all orange forecast, at 104 million boxes (4.69 million tons), is down 5 percent from the previous forecast and down 22 percent from last season's final utilization. Early, midseason, and Navel varieties in Florida are forecast at 53.3 million boxes (2.40 million tons), unchanged from the previous forecast but down 21 percent from last season. The Florida Valencia orange forecast, at 51.0 million boxes (2.30 million tons), is down 11 percent from the previous forecast and down 23 percent from last season's final utilization. California and Texas production forecasts are carried forward from April.

Florida frozen concentrated orange juice (FCOJ) yield forecast for the 2013-2014 season is 1.57 gallons per box at 42.0 degrees Brix, down 1 percent from the May forecast and down 1 percent from last season's final yield of 1.59 gallons per box. The early-midseason portion is projected at 1.52 gallons per box, up 1 percent from last season's yield of 1.51 gallons per box. The Valencia portion is projected at 1.64 gallons per box, down 3 percent from last year's final yield. 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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