Indiana Grain Company, LLC

Posted: 07/13/10

By: tomgrisafi

The projection for 2010/11 corn production was decreased 1 percent from last month as a result of decreased plantings.

Producers decreased plantings 926,000 acres from their March intentions to 87.9 million acres. Plantings are up from 86.5 million in 2009. Forecast harvested area is decreased 754,000 acres month to 81.0 million acres.

The largest year-to-year increases in planted area were recorded in Illinois and Kansas, both up 600,000 acres from last year.

Other notable increases were shown in Indiana, up 400,000 acres; Missouri, up 300,000 acres; and Ohio, up 250,000 acres. The largest declines occurred in Iowa, down 400,000, and Nebraska and South Dakota, both down 350,000 acres from last year.

The national average yield projection remains unchanged from last month at 163.5 bushels per acre, down from 164.7 bushels per acre in 2009/10.

As of July 4, 71 percent of the corn crop was rated in good to excellent condition, the same as this time last year.

Source: Cattle Network