United States Department of Agriculture. Executive Summary 8:30 AM NOVEMBER 9, 2011

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United States Department of Agriculture National Agricultural Statistics Service NOVEMBER CROP PRODUCTION Executive Summary NOVEMBER 9, 2011 8:30 AM

Contents Field Crops Small Grains Update Corn Sugarbeets Other Spring Wheat Soybeans Sugarcane Durum Wheat Cotton Dry Edible Beans Barley Sorghum Lentils Oats Rice Austrian Winter Peas Peanuts Fall Potatoes

Survey Overview Ag Yield Objective Yield Survey Type Farmer Reported Field Measurement Crops Included Field Crops Corn, Soybeans, Cotton Sample Size ~ 10,800 Corn = 1,920 Soybeans = 1,835 Cotton = 1,217 Collection Period Oct 28 Nov 4 Oct 25 Nov 1

November 2011 Crop Production Crop Unit November 2011 Forecast Season Corn Harvested Mil Ac 83.9 + 3.1 Yield Bu/Ac 146.7-0.9-4.0 Production Bil Bu 12.3-1.0-1.1

U.S. Corn Production Billion bushels 14.00 13.00 12.00 11.8 13.0 13.11 12.1 12.4 12.3 11.00 10.00 9.5 10.1 11.1 10.5 9.00 9.0 8.00 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

U.S. Corn Yield Bushels/Acre 180 160 140 146.7 120 100 80 60

Lbs/Ear 0.370 0.360 0.350 0340 0.340 0.330 0.320 0.310 0.300 0290 0.290 Corn Objective Yield Region Derived Grain Weight vs Ears per Acre 04 09 05 08 06 07 10 Oct 11 Nov 11 Sept 11 Ears Per Acre

Corn Objective Yield - November Percent of Samples Processed in the Lab Year Dent Stage Mature ---Percent--- 2007 -- 96 2008 < 0.5 94 2009 3 91 2010 < 0.5 96 2011 < 0.5 94

Corn for Grain Yields, November 1, 2011 Bushels and Change From Month 210 190 120 5-7 110-11 160-5 135 160 127-4 148-3 171 125 160 2 109-5 159 127 156 145 5 2-3 105 100 115 119-5 139 136 82 80-2 -5 140-1 55-2 -2 107 118 152# U.S. 146.7 105-7 135-1.4 # Record High = No Change

2011 Corn Percent Harvested Current Year and Change 5-Year Average Week Ending October 30, 2011 57-6 88 44 85 38 93 33 55 10 32-13 87 73 31 22 18-37 89 18 57-8 93 14 96 20 92 1 97 39-19 98 97 5 18 Sts 78 16

NASS Estimates vs. Expectations Corn Production (Billion Bushels) 12.5 12.3 12.4 12.2 NASS Low Average High

November 2011 Crop Production Crop Unit November 2011 Forecast Season Soybeans Harvested Mil Ac 73.7-3.8 Yield Bu/Ac 41.3-0.5-5.1 Production Bil Bu 3.05-0.5-8.5

U.S. Soybean Production Billion bushels 3.60 3.40 3.36 3.33 3.20 3.00 2.89 3.12 320 3.20 3.07 2.97 3.05 2.80 2.76 2.68 2.60 2.40 2.45 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

U.S. Soybean Yield Bushels/Acre 50 45 40 41.3 35 30 25 20

Grams/Pod 0.30 Soybean Objective Yield Region Derived Pod Weight vs Pod Count 0.29 06 09 0.28 07 05 0.27 08 Oct 11 Sep 11 Nov 11 10 0.26 Pods Per 18 Square Feet

Soybean Objective Yield - November Percent of Samples Processed in the Lab Year Mature ---Percent--- 2007 91 2008 91 2009 87 2010 94 2011 95

Soybean Yields, November 1, 2011 Bushels and Change From Month 28-1 40-1 38 47-1 2 53-1 50.5 46 44 42 27 37 39 46 34 17-1 37 26 40-2 39# 31 43 1 35 1 39 1 39 15 37 1 41# 1 33 23 3 2 US U.S. 413 41.3-0.2 # Record High = No Change

2011 Soybeans Percent Harvested Current Year and Change 5-Year Average Week Ending October 30, 2011 98 16 100 16 98 13 100 12 98 13 92 18 94 14 81-1 77 51-35 86 15 82 18 68-1 71 67-2 25 3 95 5 18 Sts 87 8 99 5

NASS Estimates vs. Expectations Soybean Production (Billion Bushels) 3.11 305 3.05 3.06 2.98 NASS Low Average High

November 2011 Crop Production Crop Unit November 2011 Forecast Season All Cotton Harvested Mil Ac 9.85-7.9 Yield Lbs/Ac 794-1.9-2.2 Production Mil Bales 16.3-1.9-10.0

U.S. All Cotton Production Million bales 26.0 24.0 23.3 23.9 22.0 20.0 18.0 16.0 20.3 17.2 18.3 21.6 19.2 18.1 16.3 14.0 12.0 12.8 12.2 10.0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

U.S. All Cotton Yield Pounds/Acre 900 800 794 700 600 500 400

Upland Cotton Yield, November 1, 2011 Pounds and Change From Month 1432-53 595 1131# 793-42 660 823 1510 504-42 952 996 784 8 731 837 952-16 578-22 893-8 700-12 U.S. 781-16 # Record High Yield

NASS Estimates vs. Expectations Cotton Production (Million Bales) 16.6 16.3 16.4 16.1 NASS Low Average High

November 2011 Crop Production Crop Unit November 2011 Forecast Season Sorghum Mil Bu 246 + 09 0.9-28.88 Rice Mil Cwt 188 + 0.6-22.6 Peanuts Bil Lbs 3.65 + 0.6-12.2

November 2011 Crop Production Crop Unit November 2011 Forecast Season Sugarbeets Mil Tons 28.9-11 1.1-96 9.6 Sugarcane Mil Tons 28.6 -<0.1 + 4.6

November 2011 Crop Production Crop Unit November 2011 Forecast Season Dry Edible Peas Mil Cwt 539 5.39 --- - 62.1 Lentils Mil Cwt 4.72 --- - 45.5 Austrian Winter Peas Thou Cwt 199 --- - 16.0 Fall Potatoes Mil Cwt 385 --- + 5.1

Small Grains Annual Summary Crop Unit 2011 Estimate Season Other Spring Wheat Harvested Mil Ac 12.1-9.6 Yield Bu/Ac 37.7-1.6-18.2 Production Mil Bu 455-1.6-26.1 Durum Wheat Harvested Mil Ac 1.31-0.8-47.9 Yield Bu/Ac 38.5-2.0-8.6 Production Mil Bu 50.5-2.7-52.4 All Wheat Production Bil Bu 2.00-0.4-9.4 Stocks Bil Bu 2.14-0.4-12.6

Small Grains Annual Summary Crop Unit 2011 Estimate Season Barley Harvested Mil Ac 2.2424-9.2 Yield Bu/Ac 69.6 + 0.6-4.8 Production Mil Bu 156 + 0.5-13.6 Stocks Mil Bu 175 + 0.4-21.8 Oats Harvested Thou Ac 939-0.1-25.7 Yield Bu/Ac 57.1-0.7-11.2 Production Mil Bu 53.6-0.7-33.9 Stocks Mil Bu 78.0-0.5-33.3

United States Department of Agriculture National Agricultural Statistics Service Upcoming Reports Nov 18 Nov 30 Dec 9 CattleonFeed Agricultural Prices Crop Production