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22% Bigger U.S. Oat Crop
WASHINGTON - Jul 11/12 - SNS -- Oat production in the United States is forecast at 65.3 million bushels, up 22% from the record low production in 2011, according to the USDA's latest crop report.
If realized, this will be the second lowest production on record. Based on conditions as of July 1, the average yield for the United States is forecast at 59.8 bushels per acre, up 2.7 bushels from 2011. Growers expect to harvest 1.09 million acres for grain or seed, unchanged from Acreage report released June 29, 2012 but up 16% from the record low last year.
Yield increases from last year are expected in the Northern Great Plains, Texas, and the upper Northeast due to more favorable growing conditions. However, yield decreases are expected in several Corn Belt States due to hot, dry weather.
Overall, the oat crop has developed ahead of normal pace in most of the nine major producing States, mainly due to an earlier than normal planting season.
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