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bjtindlefollowshare
11-12-2008 11:19 AM
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bjtindle says:
It’s starting to look like planting delays and other weather maladies experienced in several major growing regions last spring may be starting to have an impact on crop yields. According to USDA’s Nov. 10 crop production report, production declined from last month’s prognostications for every major U.S. crop.

Cotton production is forecast at 13.5 million bales, down 1 percent from last month and down 30 percent from last year. Yield is expected to average 837 pounds per harvested acre, down 12 pounds from last month and down 42 pounds from the record high yield in 2007.

Upland cotton production is forecast at 13.1 million bales, down 1 percent from last month and 29 percent below 2007. Texas producers expect lower yields than last month, while producers in the Southeast are expecting increased yields. Upland growers in Alabama and New Mexico are expecting record high yields. Pima production is forecast at 459,000 bales, up 2 percent from last month but down 46 percent from last y
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