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US Barley Production Advances in 2012/13

21 May 2012
USDA ERS

US - The 2012/13 US barley crop is projected at 200 million bushels, up from last season’s 156 million due to higher acreage moderated by slightly lower expected yields.

Planted acreage for 2012/13 is projected at 3.3 million acres, 774,000 acres higher than the 2.6 million in 2011/12. Harvested acres are projected 661,000 higher than in 2011/12. Barley planted area is from the Prospective Plantings report, and harvested area is based on the 2007-11 average relationship between harvested and planted area. The barley yield is based on the 1960-2011 trend, adjusted for rounding in production.

Barley beginning stocks for 2012/13 are projected at 45.1 million bushels, half the level of a year earlier. Imports for 2012/13 are increased by five million bushels due to projected increased supplies in Canada. Total supply is 260 million bushels, just five million greater year-to-year.

Feed and residual use for 2012/13 is projected down by 10 million bushels to 30 million. FSI is unchanged at 160 million bushels. With projected exports holding steady at 10 million bushels, total use is down by 10 million to a projected 200 million bushels.

Ending stocks for barley in 2012/13 are projected at 60 million bushels, 15 million over 2011/12. Prices received by farmers for barley are expected to average $5.10 to $6.10 per bushel, compared with the 2011/12 average price projection of $5.30 per bushel.

Further Reading

You can view the full report by clicking here.

May 2012

TheCropSite News Desk



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