July 1, 2010

Nebraska corn crop continues to show strong ratings

Nebraska corn crop continues to show high ratings following the June rains that have blanketed a good portion of the state, the Nebraska Corn Board said in a news release yesterday. Good to excellent ratings of 81 percent are just below last year at this time, with last year’s corn crop a record, up over 12 percent from the previous year.

Couple this with USDA’s planted acreage in Nebraska of 8.8 million acres, this should keep Nebraska as the third largest corn producing state in the nation, the Corn Board said.

“With the beneficial spring planting weather, producers made good time in planting,” said Kelly Brunkhorst, director of research for the Nebraska Corn Board. “Following planting, we saw rains cover a good portion of the state and provide good moisture, which has gotten this year’s corn off to a great start.”

Unfortunately some areas of the state have seen damaging floods and hail that will take some time to realize the impacts. “Our concern goes out to the family farmers that were impacted by the pockets of heavy rains and damaging hail,” stated Brunkhorst.

Nationally, USDA reported yesterday corn planted acres at 87.872 million acres, which is up 2 percent from last year.

USDA also released on Wednesday their June 1 stocks report, with Nebraska total stocks up more than 7 percent from last year. Broken down, on-farm stocks of 255 million bushels is up 2 percent from last year and off-farm stocks of 265.6 million bushels is up nearly 13 percent. Nationally, stocks are up 1 percent from last year.

“With corn stocks up both in Nebraska and nationally, along with a strong start to the corn progress, we have the beginnings of another good corn crop,” Brunkhorst added. “Corn farmers continue to prove they can provide corn to meet the nation’s and world’s needs, supplying food, feed, fiber and fuel and maintain a surplus of corn.”

No comments:

Post a Comment