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USDA October Crop Production

Cotton crop estimated down 49% from 2010

Published Oct. 17, 2011 @ 6 a.m.

This report from USDA contains the results from the October 2011 Ag Yield and Objective Yield Surveys.

The 2011 Texas Upland cotton crop is expected to total 4.0 million bales, 49 percent less than
in 2010. Yield is expected to average 600 pounds per acre, compared with 703 pounds last year.
Acreage expected for harvest is estimated at 3.2 million acres, down 40 percent from 2010. If
realized this will be Texas largest abandonment on record at 4.35 million acres.

Corn production is forecast at 190.4 million bushels, down 37 percent from last year. Based on
October 1 conditions, statewide yield are expected to average 112 bushels per acre, down 33
bushels from 2010. Acres to be harvested for grain, at 1.7 million, are down 18 percent from
last year.

Sorghum production is forecast at 65 million bushels, 45 percent less than last year. Acres to be
harvested are estimated at 1.25 million acres, down 26 percent from last year. Yield, at 52
bushels per acre, is down 18 bushels from last year.

Texas peanut production is down 46 percent from last year, at 315 million pounds. Statewide
yield, at 3,000 pounds per acre, is down 600 pounds from last year. Harvested acreage is down
36 percent to 105,000 acres.

The 2011 Texas soybean crop is forecast at 1.65 million bushels, down 70 percent from last
year’s production. Harvested acreage, at 110,000, is down 41 percent from last year, and
yield is expected to average 15 bushels per acre, compared with 30 bushels last year.

Rice producers expect to harvest 12.6 million cwt, down 6 percent from 2010. Yield is forecast at 7,000 pounds per acre, 160 pounds less than last year.

U.S. Highlights: United States corn production is forecast at 12.4 billion bushels, down slightly
from last year’s production estimate. A yield of 148.1 bushels per acre is forecast, down 4.7
bushels from last year. The sorghum crop is down 29 percent from last year at 243.8 million
bushels. The U.S. Upland cotton crop is expected to total 15.9 million bales, down 10 percent
from last year. Soybean production is forecast at 3.06 billion bushels, down 8 percent from last
year. The U.S. peanut crop is estimated at 3.63 billion pounds, down 13 percent from a year
ago. U.S. rice production is forecast at 187 million cwt, down 23 percent from 2010.

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