STAT Communications Ag Market News

Oat Crops Continue Rising

WASHINGTON - Aug 12/14 SNS -- Oats production in the United States is forecast at 77.3 million bushels, up 2% from last month and up 17% from 2013, according to the USDA's latest crop production forecast.

If realized, this will be the fourth lowest production on record. Based on conditions as of August 1, the average yield for the United States is forecast at 67.0 bushels per acre, up 1.5 bushels from last month and up 3.0 bushels from 2013. Growers expect to harvest 1.15 million acres for grain or seed, unchanged from July but up 12% from last year.

Compared with July 1, yield increases are expected in much of the Corn Belt and Northern Great Plains. An increase of 7 bushels per acre is forecast in South Dakota where a record high yield of 87 bushels per acre is expected. If realized, a record yield is also expected in North Dakota. Oat production in California is at a 133 year low.

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