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USDA Crop Production Report

Corn Production Down Slightly from September Forecast
Soybean Production Down Slightly
Cotton Production Up Less Than 1 Percent
Orange Production Up 43 Percent from Last Season

Corn production is forecast at 14.8 billion bushels, down slightly from the
September forecast but up 1 percent from last year. Based on conditions as of
October 1, yields are expected to average 180.7 bushels per acre, down
0.6 bushel from the September forecast but up 4.1 bushels from 2017. If
realized, this will be the highest yield and second highest production on
record for the United States. Area harvested for grain is forecast at
81.8 million acres, down slightly from the previous estimate and down
1 percent from 2017. Acreage updates were made in several States based on a
thorough review of all available data.

Soybean production is forecast at a record 4.69 billion bushels, down
slightly from September but up 6 percent from last year. Based on October 1
conditions, yields are expected to average a record 53.1 bushels per acre, up
0.3 bushel from last month and up 3.8 bushels from last year. Area for
harvest in the United States is forecast at 88.3 million acres, down
1 percent from September and down 1 percent from 2017. Acreage updates were
made in several States based on a thorough review of all available data.

All cotton production is forecast at 19.8 million 480-pound bales, up less
than 1 percent from September but down 6 percent from last year. Yield is
expected to average 901 pounds per harvested acre, up 6 pounds from last
month but down 4 pounds from last year. Harvested area for all cotton is
expected to total 10.5 million acres, down less than 1 percent from September
and down 5 percent from 2017. Upland cotton production is forecast at
19.0 million 480-pound bales, down 6 percent from 2017. Upland harvested area
is expected to total 10.3 million acres, down 5 percent from last year. If
realized, the United States average yield for all cotton and Upland cotton
will be the second highest on record. Pima cotton production, forecast at
771,000 bales, was carried forward from last month.

The United States all orange forecast for the 2018-2019 season is
5.62 million tons, up 43 percent from the 2017-2018 final utilization. The
Florida all orange forecast, at 79.0 million boxes (3.56 million tons), is
up 76 percent from last season's final utilization. Early, midseason, and
Navel varieties in Florida are forecast at 34.0 million boxes
(1.53 million tons), up 79 percent from last season's final utilization. The
Florida Valencia orange forecast, at 45.0 million boxes (2.03 million tons),
is up 73 percent from last season's final utilization.

The California Navel orange forecast is 49.0 million boxes
(1.96 million tons), up 8 percent from last season's final utilization. The
California Valencia orange forecast is 9.00 million boxes (360,000 tons),
down 5 percent from last season's final utilization. The Texas all orange
forecast, at 2.40 million boxes (103,000 tons), is up 28 percent from last
season's final utilization.

Source : USDA

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