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Monday, October 13, 2014

Corn Crop Forecast Moves Higher

Corn production in Kentucky is forecast at 222 million bushels, up 3 percent from the September forecast and down 9 percent from the previous crop. Yield was estimated at 153 bushels per acre, up 5 bushels from last month and down 17 bushels from the 2013 level. Acres for harvest as grain were estimated at 1.45 million acres, up 20,000 acres from 2013. 

The U.S. corn production is forecast at 14.5 billion bushels, up 1 percent from the September forecast and up 4 percent from 2013. Based on conditions as of October 1, yields are expected to average 174.2 bushels per acre, up 2.5 bushels from last month and up 15.4 bushels from 2013. Area harvested for grain is forecast at 83.1 million acres, down 1 percent from the September forecast and down 5 percent from 2013. 

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