United States Department of AgricultureNational Agricultural Statistics ServiceNational Agricultural Statistics Service

NOVEMBER CROP PRODUCTIONNOVEMBER CROP PRODUCTION

Executive Summaryy

NOVEMBER 9, 2011 8:30 AM

Contents

Field Crops Small Grains UpdateCorn Sugarbeets Other Spring Wheat

Soybeans Sugarcane Durum WheatCotton Dry Edible Beans BarleyCotton Dry Edible Beans Barley

Sorghum Lentils OatsRice Austrian Winter Peas

Peanuts Fall Potatoes

USDA-NASS 11-9-11

Survey Overview

Ag Yield Objective YieldSurvey Type Farmer Reported Field MeasurementCrops Included Field Crops Corn, Soybeans,

CottonCottonSample Size ~ 10,800 Corn = 1,920

Soybeans = 1,835Cotton = 1 217Cotton = 1,217

Collection Period Oct 28 – Nov 4 Oct 25 – Nov 1

USDA-NASS 11-9-11

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

CCornHarvested Mil Ac 83.9 NC + 3.1Yield Bu/Ac 146.7 - 0.9 - 4.0Production Bil Bu 12.3 - 1.0 - 1.1

USDA-NASS 11-9-11

U.S. Corn Production

13 0 13 1

14.00Billion bushels

11.8

13.0

12.1

13.1

12.4 12.3

12.00

13.00

10.1

11.1

10.511.00

9.5

9.09.00

10.00

8.002001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

USDA-NASS 11-9-11

U.S. Corn Yield

180

Bushels/Acre

146.7140

160

146.7

100

120

80

100

60

USDA-NASS 11-9-11

Corn Objective Yield RegionDerived Grain Weight vs Ears per Acre

0.370Lbs/Ear

Derived Grain Weight vs Ears per Acre

0409

0 3400.3500.360

0506 07

08

100.3200.3300.340

Sept 11Oct 11

Nov 11

0 2900.3000.310

0.290

USDA-NASS 11-9-11

Ears Per Acre

Corn Objective Yield - NovemberP t f S l P d i th L bPercent of Samples Processed in the Lab

Year Dent Stage Mature

P t---Percent---

2007 -- 962008 < 0.5 942008 0.5 942009 3 912010 < 0.5 962011 < 0.5 94

USDA-NASS 11-9-11

Corn for Grain Yields, November 1, 2011Bushels and Change From Previous Month

160-5 127

110-11

13

210NC

160

190 1201272156

-3145NC

1712

105

148NC

160NC

125-5

127-3

1595

109NC

135-4

119

160NC

107

140-2

1905

120-7

152#

3100-5 139

NC

105NC115

NC82-280

-5 55-2

136-1

119NC

107NC

152#NC

135NC

118NC U.S. 146.7

-1.4

# Record High

105-7

USDA-NASS 11-9-11

NC = No Change

2011 Corn Percent HarvestedCurrent Year and Change from 5-Year Average

Week Ending October 30, 2011

9333

8844

8731

32-13

33

7322 18

39-19

8538

5510

57-6

8918

57-8

9314 92

19620

22

98

18-37

98NC97

NC

18 Sts 78975

18 Sts 78

16

USDA-NASS 11-9-11

NASS Estimates vs. ExpectationsCorn Production (Billion Bushels)Corn Production (Billion Bushels)

12.4

12.5

12.3

12.2

USDA-NASS 11-9-11

NASS Low Average High

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

S bSoybeansHarvested Mil Ac 73.7 NC - 3.8Yield Bu/Ac 41.3 - 0.5 - 5.1Production Bil Bu 3.05 - 0.5 - 8.5

USDA-NASS 11-9-11

U.S. Soybean Production

3.60

Billion bushels

3.12 3 20

3.363.33

3.20

3.40

2.89

3.123.07

3.20

2.973.05

3.00

3.20

2.762.68

2.60

2.80

2.45

2.402001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

USDA-NASS 11-9-11

U.S. Soybean Yield

50Bushels/Acre

41.340

45

30

35

25

30

20

USDA-NASS 11-9-11

Soybean Objective Yield RegionDerived Pod Weight vs Pod Count

0.30Grams/Pod

g

0609

0.29

0507

08

0.28

10

Sep 11Oct 11

Nov 110.27

0.26

USDA-NASS 11-9-11

Pods Per 18 Square Feet

Soybean Objective Yield - November P t f S l P d i th L bPercent of Samples Processed in the Lab

Year Mature

P t---Percent---

2007 912008 912008 912009 872010 942011 95

USDA-NASS 11-9-11

Soybean Yields, November 1, 2011Bushels and Change From Previous Month

40-1

28-1

47

39

50.5NC

44NC

53-1

351

431

46

40-2

38-1

472

39146

NC42NC

27NC 39

NC

39NC37

NC

-1

31

46NC

39#NC

333

37NC

23241#

31NC

17NC 26

NC

U S 41 3

34-1

3 2

371

41#1

U.S. 41.3

-0.2

# Record High

15NC

USDA-NASS 11-9-11

# Record High

NC = No Change

2011 Soybeans Percent HarvestedCurrent Year and Change from 5-Year Average

Week Ending October 30, 2011

100

9816

98

77NC

10012

10016

9218

9414

81-1

9813

86

9813 51

-35

71

8615 68

-18218

25367

-271NC

955 18 Sts 87

8

USDA-NASS 11-9-11

995

8

NASS Estimates vs. ExpectationsSo bean Prod ction (Billion B shels)

3.11

Soybean Production (Billion Bushels)

3 053.06

3.05

2.98

USDA-NASS 11-9-11

NASS Low Average High

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

All C ttAll CottonHarvested Mil Ac 9.85 NC - 7.9Yield Lbs/Ac 794 - 1.9 - 2.2Production Mil Bales 16.3 - 1.9 - 10.0

USDA-NASS 11-9-11

U.S. All Cotton Production

23 926.0Million bales

20.3

23.323.9

21.622.0

24.0

17.218.3

19.218.1

16.316 0

18.0

20.0

12 812.2

12 0

14.0

16.0

12.8

10.0

12.0

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

USDA-NASS 11-9-11

U.S. All Cotton Yield

900

Pounds/Acre

794800

600

700

500

400

USDA-NASS 11-9-11

Upland Cotton Yield, November 1, 2011Pounds and Change From Previous Monthg

1432-53 595

NC 1131#NC

793-42

731NC

1510NC 996

NC837-16952

-8

952NC

660-42504

NC 7848

U.S. 781

823NC

578

700-12

893NC

8-16

# Record High Yield

578-22

USDA-NASS 11-9-11

NASS Estimates vs. ExpectationsCotton Prod ction (Million Bales)

16.6

Cotton Production (Million Bales)

16.4

16.3

16.1

USDA-NASS 11-9-11

NASS Low Average High

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

S h Mil B 246 0 9 28 8Sorghum Mil Bu 246 + 0.9 - 28.8Rice Mil Cwt 188 + 0.6 - 22.6Peanuts Bil Lbs 3.65 + 0.6 - 12.2

USDA-NASS 11-9-11

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

S b t Mil T 28 9 1 1 9 6Sugarbeets Mil Tons 28.9 - 1.1 - 9.6Sugarcane Mil Tons 28.6 - <0.1 + 4.6

USDA-NASS 11-9-11

November 2011 Crop Production

% Change from

% Change from

Crop UnitNovember

2011

from Previous Forecast

from Previous Season

D Edibl P Mil C t 5 39 62 1Dry Edible Peas Mil Cwt 5.39 --- - 62.1Lentils Mil Cwt 4.72 --- - 45.5Austrian Winter Peas Thou Cwt 199 --- - 16.0Fall Potatoes Mil Cwt 385 --- + 5.1

USDA-NASS 11-9-11

Small Grains Annual Summary% Change

from Previous

% Change from

Previous Crop Unit 2011 Estimate Season

Other Spring WheatHarvested Mil Ac 12.1 NC - 9.6Harvested Mil Ac 12.1 NC 9.6Yield Bu/Ac 37.7 - 1.6 - 18.2Production Mil Bu 455 - 1.6 - 26.1

D Wh tDurum WheatHarvested Mil Ac 1.31 - 0.8 - 47.9Yield Bu/Ac 38.5 - 2.0 - 8.6Production Mil Bu 50.5 - 2.7 - 52.4

All WheatProduction Bil Bu 2.00 - 0.4 - 9.4

USDA-NASS 11-9-11

Production Bil Bu 2.00Stocks Bil Bu 2.14 - 0.4 - 12.6

Small Grains Annual Summary% Change

from Previous

% Change from

Previous Crop Unit 2011 Estimate Season

BarleyHarvested Mil Ac 2 24 NC - 9 2Harvested Mil Ac 2.24 NC - 9.2Yield Bu/Ac 69.6 + 0.6 - 4.8Production Mil Bu 156 + 0.5 - 13.6Stocks Mil Bu 175 + 0.4 - 21.8

OatsHarvested Thou Ac 939 - 0 1 - 25 7Harvested Thou Ac 939 0.1 25.7Yield Bu/Ac 57.1 - 0.7 - 11.2Production Mil Bu 53.6 - 0.7 - 33.9

USDA-NASS 11-9-11

Stocks Mil Bu 78.0 - 0.5 - 33.3

United States Department of AgricultureNational Agricultural Statistics ServiceNational Agricultural Statistics Service

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USDA-NASS 11-9-11