 Whenever the USDA issues a new corn production report, we will post a summary of the report on this page, including the latest statistics for Nebraska corn. Please check back on a regular basis for crop updates.
USDA 2007 Crop Production Report, Annual Summary
The USDA says Nebraska corn producers produced a 1.472 billion bushel crop in 2007. That compares to 1.178 billion in 2006 and 1.270 billion in 2005. Nebraska’s crop averaged 160 bushels per acre, a 2 bushel drop from USDA’s November estimate.
Nationally, US Producers raised 13.07 billion bushels of corn in 2007. The national average yield was 151.1 bushels per acre.
The USDA also released a grain stocks report today. The 2007-2008 corn carryover number is 1.438 billion bushels, quite a bit lower than the trade expected. December 1st stocks were 10.269 billion bushels for corn, also a bullish number.
To see the Crop Production Report, click here.
To see the Grain Stocks Report, click here.
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