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Global Harvest Expectations Appear Strong - 24 September 2013

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TheCropSite
Tuesday 24th September 2013.
Sarah Mikesell - TheCropSite Senior Editor

Sarah Mikesell
Senior Editor


5M

Global Harvest Expectations Appear Strong

Greetings! As we start seeing the combines make some headway this week in the US Midwest, I thought we’d take a look at harvests estimates around the world.

EU wheat: Production Estimated as Third Highest
Summer conditions continue to enhance EU wheat yields and set the stage for a bumper crop. Production for 2013/14 is estimated at 142.9 million tons, up 1.5 million tons or 1.1 percent from last month. Unseasonably cold and wet spring weather resulted in delayed development for EU winter wheat, but warm and dry weather during July and August enabled crop development to accelerate in the UK, Germany and Poland.

Russia Wheat: Good Conditions for Spring Wheat

USDA forecasts Russia wheat production for 2013/14 at 54.0 million tons, unchanged from last month but up 16.3 million or 43 percent from last year. Winter-wheat harvest was complete in European Russia by mid- August with reports of net output of 34 to 35 million tons, an increase of 9 million tons over last year. The potential yield for spring wheat in western Siberia is high. Early-September weather was warm and dry in Siberia and harvest operations are progressing at a rapid pace.

Canada Wheat: Production Forecast at a 22-Year Record

USDA estimates 2013/14 Canada wheat production at 31.5 million tons, up 16 percent from last year and 6.8 percent from last month. USDA is estimating record yields, despite a late planting start due to lingering snow cover and waterlogged fields throughout the western Prairies. Both Alberta and Saskatchewan provincial crop reports rated 88 percent of the crop as good to excellent in their most recent crop reports.

Ukraine Sunflower: Favorable Weather Boosts Yield

Ukraine sunflower seed output for 2013/14 is estimated at 11.5 million tons, up 2.5 million or 28 percent from last year. This year’s crop benefited from the absence of heat-related stress combined with adequate subsurface soil moisture. Yield is estimated at a record 1.92 tons per hectare, 21 percent above the 5-year average.

Brazil Soybeans: Record due to Increased Planting

USDA forecasts Brazil’s 2013/14 soybean production at a record 88.0 million tons, up 6.0 million tons or 6.8 percent from last year. Harvested area is forecast at a record 28.9 million hectares, up 1.2 million hectares or 4.3 percent from last year.

Soybean planting begins in mid- September in most parts of the country. Most of the Brazilian states abide by the anti-rust consortium’s planting recommendations. These are fallow periods of either 60 or 90 days where farmers agree not to plant soybeans. This rule minimizes the inoculum for Asiatic Soybean Rust; the rust spore can survive about 50 days.

Argentine Corn: Rain Needed Before Main Planting

Argentine corn production for 2013/14 is forecast at 26.0 million metric tons, 3.7 percent below last month and 1.9 percent below last year. Shifting international prices are expected to encourage farmers to plant less area to corn and more to soybeans. The combination of lower corn prices, high production costs and a generally weaker financial situation for most producers is showing up in slow corn pre-season sales.

I'll mention it again this week… as the combines are rolling, please remember to put safety first!

Have a great week!


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Global Crop Industry News

   Global

Jim Wyckoff's Morning Report: Markets Mixed Overnight
Wyckoff's Morning Report: Markets Firmer Overnight
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   United States

CME: Corn Futures Closed Lower Friday
Wyckoff's Weekly Grain Forecast: Markets A 'Mixed Bag'
CME: Corn Futures Closed Higher Thursday
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Will $40 Billion Cut to Nutrition Bill Further Delay US Farm Bill?
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Grain Storage Safety Training Offered for Young Workers
Jim Wyckoff's Closing Report: Corn Futures Close Higher
CME: Corn Futures Closed Lower Tuesday
NFU Encouraged by EPA Proposed Rule, Agriculture Remains Exempt
Is 2013 a Transition Year for Grain Farmers?

   Ireland

Farmers Association Endorses Position on Ag Policy Consultation
Bioenergy Scheme for Willow, Miscanthus Opens

   Canada

Funding Boost for Manitoba's Ag Industry
Canada Winter Cereals Yield Better Than Expected
Excellent Cereal Crop Yields Reported by Manitoba Farmers
Governments Invest in Producer-led Ag Demonstration Programs

   United Kingdom

Cell ‘Scaffold’ is Key to Plant Growth
Price Agreed for 2014/15 Sugar Beet Campaign
CLA: New CAP Payments Must 'Help Upland Farmers'
Growers Encouraged to Take NFU Harvest Survey
Renewable Energy Farmers to Advise Others
Breakthrough in Fight Against Honeybee Infections

   European Union

Are Stricter Rules Needed for EU Organic Farming?

   India

The Right Time to Invest in Indian Grain Storage?

   Australia

Australia Expects Record Value of Farm Production

   Philippines

Leaders in Rice Genetics to Meet in Manila

   Malawi

Favourable Conditions for Malawi 2013/14 Cropping Season

   Mexico

Mexico 2013 Maize Production Firm at Last Year’s Strong Levels

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