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USDA REPORTS LOW FORECAST WHEAT AND RECORD LOW HAY STOCKS

BRYAN TERRY

Fri, 10 May 2013 21:13:32 EDT

 


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REGIONAL DIRECTOR OF THE USDA, NASS, AND MICHIGAN FIELD OFFICE, JAY JOHNSON SAYS WHEAT PRODUCTION HAS BEEN FORECAST LOWER THAN IN 2012 AND HAY STOCKS TOOK A BIG HIT BY LAST YEAR'S DRY WEATHER.    MICHIGAN WHEAT GROWERS ARE EXPECTING TO HARVEST 550,000 ACRES WHICH IS UP 10,000 ACRES FROM LAST YEAR.    APRIL RAINS DID DROWN SOME FIELDS, BUT WHEAT PRODUCTION IN THE STATE IS EXPECTED TO TOP 40 MILLION BUSHELS.      IN THE NATION WINTER WHEAT HAS BEEN FORECAST AT 1.49 BILLION POUNDS, THAT'S A LOSS OF ABOUT 10% FROM LAST YEAR.    ONE CONTRIBUTING FACTOR IS A 6% REDUCTION IN ACREAGE, AS FARMERS ONLY PLANTED 32.7 MILLION ACRES THIS YEAR.    NATIONAL YIELD IS ANTICIPATED AT 45.4 BUSHELS PER ACRE WHICH IS DOWN 1.8 BUSHELS FROM LAST YEAR.
HAY STOCKS IN MICHIGAN AT THE BEGINNING OF MAY WERE AT 140,000 TONS.   THAT'S AN ENTIRE 61% REDUCTION FROM MAY 2012 AND THE LOWEST WINTER CARRY ON RECORD.    IN THE UNITED STATES HAY TOTALED 14.2 MILLION TONS, A LOSS OF 34% FROM THE PREVIOUS YEAR, ALSO A RECORD SETTING LOW. DISAPPEARANCE FROM THE BEGINNING OF DECEMBER TO THE BEGINNING OF MAY TOTALED 62.4 MILLION TONS AS COMPARED FROM LAST YEAR'S 69.3 MILLION TONS.
   

 

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