Indiana Corn Supply Mostly Unchanged in Latest USDA Report

Indiana Corn Supply Mostly Unchanged in Latest USDA Report

Indiana Corn Supply Mostly Unchanged in Latest USDA Report

For soybeans, the USA ending stocks are pegged at 430 million bushels, compared with the average analysts' estimate of 452 million bushels and the USDA's September estimate of 475 million.

"This was the week to make corn silage as choppers were going in every direction", a Shawano County report said. All Other Hay production, at 2.72 million tons, is up 3 percent from a year ago.

"The conditions matured the silage corn to the point where it had to be harvested to retain the moisture needed to properly ferment it", the farmer said.

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The corn crop has reached 94 percent dented or beyond, with 58 percent mature. Corn harvested for grain was at five percent, while corn for silage was at 72 percent. The crop was rated 69 percent good to excellent. Farmers have harvested over a third of the soybean crop, along with more than a fifth of this year's corn. Harvested was 19 percent, behind the 32 percent a year ago but near the 20 percent average. Harvested was 13 percent, behind the 22 percent past year and the 29 percent average.

And the condition of the crop, more fair and good this year with 12% of the crop as described as excellent compared to 20% last year.

Rain helped soil moisture numbers.

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And at the end of October 8, the average harvested was 37%, compared to 33% in 2016. Area for harvest, at 2.36 million acres, is down 20 percent from 2016. Yield is forecast at 1.60 tons per acre, up 0.05 ton from 2016. Area for harvest, at 170,000 acres, is up 39 percent from past year.

Alfalfa fourth cutting was 89 percent complete, ahead of the 83 percent previous year, and near the 87 percent average. Yield is forecast at 1,333 pounds per acre, down 158 pounds per acre from a year ago. Area for harvest, at 650,000 acres, is down 7 percent from a year ago.

Cotton production is a record forecast at 190,000 bales, up 168 percent from past year.

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Area for harvest, at 1.85 million acres, is down 3 percent from a year ago. Yield is forecast at 1,333 pounds per acre, down 92 pounds per acre from a year ago. All Other Hay production, at 2.96 million tons, is down 8 percent from past year. Of the acres for harvest, non-oil sunflowers account for 14,000 acres and oil sunflowers account for 28,000 acres.

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