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U.S. Department of Agriculture assesses 2008 corn and soybean acreage

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Washington, DC
June 30, 2008

Despite the recent flooding in the Midwest, U.S. farmers expect to harvest nearly 79 million acres of corn and more than 72 million acres of soybeans in 2008, according to the Acreage report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).

The report shows U.S. farmers planted 87.3 million acres of corn in 2008, down 7 percent from last year’s 93.6 million acres but still the second largest area since 1946. Of that area, growers expect to harvest 78.9 million acres for grain, down 9 percent from 2007 but still the second largest area since 1944. For soybeans, 2008 planted area is estimated at 74.5 million acres, the third largest on record and up 17 percent from last year. Of the planted area, farmers expect to harvest 72.1 million acres, up 15 percent from last year.

NASS collected the initial data for the annual Acreage report during the first two weeks of June, before the majority of the flooding occurred in the Midwest. In an effort to more accurately determine how much of the planted area producers still intend to harvest for grain, NASS re-interviewed 1,150 farmers last week in flood-affected areas of Illinois, Indiana, Iowa, Minnesota, Missouri and Wisconsin.

“While many farmers are still assessing their damage and their options, this re-interview process provided a first look at how much of the planted corn and soybeans may remain standing for harvest,” said Carol House, chair of NASS’s Agricultural Statistics Board. “And what we are seeing is that the ratio of acres intended for harvest, compared to acres originally planted, is off about 2 percent from what we would have expected prior the floods.”

NASS’s August 12 Crop Production report will contain the first 2008 estimates of corn and soybean yield and production. To help ensure that these estimates are based on the best information available, NASS will supplement its standard survey activities by re-interviewing approximately 9,000 farmers in the flood-affected areas. These re-interviews will be conducted in the middle of July, allowing time for flooded fields to dry and for farmers to fully asses their options. Additionally, NASS will increase the number of corn and soybean fields selected for objective field measurements.
 

Midwest Flood
Extensive rains and flooding during June caused producers in several Midwestern States to change their harvesting intentions for crops already planted, modify planting decisions for the small percentage of acres not yet planted, and consider replanting options. NASS collected most of the data for the annual Acreage report before the majority of the flooding occurred. In an effort to more accurately determine how many acres producers still intend to harvest for grain, NASS re-interviewed approximately 1,200 farmers June 23, 24, and 25 in the flood-affected areas. As a result, it was
determined that U.S. farmers intend to harvest 90.4 percent of their planted acres of corn for grain. This is a change from 92.4 percent as measured during the first 2 weeks of June. U.S. farmers intend to harvest 96.8 percent of their planted acres of soybeans. Without this additional survey data, historical averages would have indicated 98.7 percent of soybean acres to be harvested. NASS will conduct a more extensive acreage update survey during July. Findings from this study will be incorporated in the August Crop Production report.

Corn planted area for all purposes is estimated at 87.3 million acres, down 7 percent from last year. Despite the decrease, corn planted acreage is the second highest since 1946, behind last year’s total of 93.6 million acres. Growers expect to harvest 78.9 million acres for grain, down 9 percent from 2007. If realized, this would be the second highest since 1944, behind last year. Farmers increased corn plantings 1.31 million acres from their March intentions. Planting got off to a slow
start across the Corn Belt, Ohio Valley, and the northern half of the Great Plains as frequent precipitation and cool temperatures during March and April prevented spring planting preparations. Corn planting was 27 percent complete on May 4, down 32 points from normal. Despite intermittent showers and below normal temperatures, producers were able to make rapid progress during May, particularly across the upper Midwest and northern Great Plains. Farmers reported that 97 percent of the intended corn acreage had been planted at the time of the survey interview compared with the average of 98 percent for the past 10 years.

Soybean planted area for 2008 is estimated at 74.5 million acres, up 17 percent from last year but 1 percent below the record high acreage in 2006. Area for harvest, at 72.1 million acres, is up 15 percent from 2007. Compared with last year, planted acreage increases are expected in all States, and the U.S. planted area for soybeans is the third largest on record. The largest increase is expected in Nebraska, up 950,000 acres from 2007, followed by Illinois and South Dakota, both up 900,000 acres. Increases of at least 800,000 acres are also expected in Indiana, Iowa, and Minnesota. If realized, the planted acreage in Kansas, New York, and Pennsylvania will be the largest on record. Nationally, farmers reported that 79 percent of the intended soybean acreage had been planted at the time of the survey interview, which is the lowest since 1996.

All wheat planted area is estimated at 63.5 million acres, up 5 percent from 2007. The 2008 winter wheat planted area, at 46.6 million acres, is 4 percent above last year but down slightly from the previous estimate. Of this total, about 31.9 million acres are Hard Red Winter, 11.0 million acres are Soft Red Winter, and 3.7 million acres are White Winter. Area planted to other spring wheat for 2008 is estimated at 14.2 million acres, up 7 percent from 2007. Of this total, about 13.4 million acres are Hard Red Spring wheat. The Durum planted area for 2008 is 2.66 million acres, up 24 percent from the previous year.

All Cotton plantings for 2008 are estimated at 9.25 million acres, 15 percent below last year and the lowest since 1983. Upland planted area is estimated at 9.04 million acres, down 14 percent from 2007. Decreased planted acres are estimated for all States except Oklahoma and Virginia. The largest percentage declines are in California and Mississippi where upland producers planted 44 percent fewer acres than last year at 110,000 acres and 370,000 acres, respectively. American-Pima
cotton growers planted 202,000 acres, down 31 percent from 2007.

Full report: http://www.usda.gov/nass/PUBS/TODAYRPT/acrg0608.pdf
 

Acreage report

Corn Planted Acreage Down 7% from 2007

Soybean Acreage Up 17%

All Wheat Acreage Up 5%nt

All Cotton Acreage Down 1%
 

 

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