USDA's Nov. 9 Crop Production report:
Corn production for grain is forecast at 13.9 billion bushels, up less than 1 percent from the previous forecast but down 8 percent from 2021.
Based on conditions as of November 1, yields are expected to average 172.3 bushels per harvested acre, up 0.4 bushel from the previous forecast but down 4.4 bushels from last year.
Area harvested for grain, forecast at 80.8 million acres, is unchanged from the previous forecast but down 5% from the previous year.
Soybean production for beans is forecast at 4.35 billion bushels, up 1% from the previous forecast but down 3% from last year.
Based on conditions as of November 1, yields are expected to average 50.2 bushels per harvested acre, up 0.4 bushel from the previous forecast but down 1.5 bushels from 2021.
Area harvested for beans in the United States is forecast at 86.6 million acres, unchanged from the previous forecast but up less than 1 percent from 2021.
All cotton production is forecast at 14.0 million 480-pound bales, up 2 percent from the previous forecast but down 20 percent from 2021.
Based on conditions as of November 1, yields are expected to average 855 pounds per harvested acre, up 13 pounds from the previous forecast and up 36 pounds from 2021.
Upland cotton production is forecast at 13.6 million 480-pound bales, up 2% from the previous forecast but down 21 percent from 2021.
Pima cotton production is forecast at 470,000 bales, up less than 1%t from the previous forecast and up 42% from 2021. All cotton area harvested is forecast at 7.88 million acres, unchanged from the previous forecast but down 23% from 2021.