USDA forecast: record corn yield in the U.S.

lorenzo · Fission Joined: Jan 01, 2005 Posts: 2231

The USDA's crop forecast is out:

Tyler_JC

So we're going to increase production over 2006 levels by 17% despite the massive flooding in a major corn growing region in June?

Impressive.

Never bet against the American farmer. They don't call us the Saudi Arabia of Corn for nothing.
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rdsaltpower · Heavy Crude Joined: Aug 30, 2006 Posts: 130

lol! the doomers seem doomed!

pstarr

If you haven't guessed this is justification for turning all that marginal land and those darn conservation easements (taken from wildlife and habitat) into BIOFOOLS!!!!.

Yippee drag out the Hummer! We're goin' muddin' 5bullwhip

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director

ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap wav

Homesteader

It will be interesting to see what the yield per acre is.
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joewp

Um...

joeltrout · Light Sweet Crude Joined: Sep 19, 2007 Posts: 1317

smallpoxgirl · Moderator Joined: Nov 08, 2004 Posts: 6480

Cashmere · Light Sweet Crude Joined: Mar 27, 2008 Posts: 1971

You figure with the Olympics g8oing and all that the OP would have a handle on how to determine whether a "record" h as been established.
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FoxV

Lies, Damned Lies, and Statistics

Yields are up but production is down. Sounds like less acres are growing but the ones that are are doing very well.

I'm suspecting that soy bean production increase is also a factor. Soy bean and corn production are only profitable if you rotate between the two from year to year. So a lot of fields that were corn last year have been switched out for soybean.

Yield is only relevant to an individual farm's profitability. At the end of the day, production is still down and the doomers are no more or less doomed than anybody else.

can anybody put this into perspective to demand growth from last year.

frankthetank

I'll wait until the combines are in the field before commenting.
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Twilight · Expert Joined: Mar 02, 2007 Posts: 3076 Location: UK

OK, so then we turn that corn into ethanol and burn it in our cars, right?
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strider3700

markcl · Coal Joined: Jul 30, 2006 Posts: 10

remember these numbers will not be proven entill Jan 2009, after J6pack has been suckered

cube · Fusion Joined: Mar 12, 2005 Posts: 3823