8 NASS Aug Rpt

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USDA / National Agricultural Statistics Service AUGUST CROP REPORT Presented at the Midwest, Great Plains, and Western Outlook Conference August 14, 2007 Indianapolis, IN Jeff Geuder Chief, Crops Branch USDA/NASS

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USDA / National Agricultural Statistics Service

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USDA / National Agricultural Statistics Service

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USDA / National Agricultural Statistics Service U.S CORN PRODUCTION

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USDA / National Agricultural Statistics Service U.S CORN PRODUCTION No change from June Up from ‘06

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USDA / National Agricultural Statistics Service U.S CORN PRODUCTION 2nd highest yield on record Record production

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USDA / National Agricultural Statistics Service 11% above previous record 24% above last year

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USDA / National Agricultural Statistics Service 2nd highest behind 160.4 in 2004 152.8

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USDA / National Agricultural Statistics Service Very high ear count Recent trend

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USDA / National Agricultural Statistics Service August 2007 Corn Objective Yield Sample Distribution Maturity Code 2: Pre-blister 3: Blister 4: Milk 5: Dough 6: Dent Dent

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USDA / National Agricultural Statistics Service Better vegetative condition vs. 2006

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USDA / National Agricultural Statistics Service Increased yield in some major States

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USDA / National Agricultural Statistics Service Decreased yield in some minor States

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USDA / National Agricultural Statistics Service Record yield in some States

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USDA / National Agricultural Statistics Service 12.909 13.054

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USDA / National Agricultural Statistics Service U.S SOYBEAN PRODUCTION

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USDA / National Agricultural Statistics Service U.S SOYBEAN PRODUCTION No change from June Down from ‘06

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USDA / National Agricultural Statistics Service U.S SOYBEAN PRODUCTION Yield down 1.2 bu. from ‘06 Production down from last year’s record

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USDA / National Agricultural Statistics Service Lowest since 2003

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USDA / National Agricultural Statistics Service Down 1.2 bu from ‘06 Still 4th highest yield 41.5

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USDA / National Agricultural Statistics Service August 2007 Soybean Objective Yield Sample Distribution Maturity Code 2: Pods set, leaves green 3: Pods filled, leaves yellow

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USDA / National Agricultural Statistics Service

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USDA / National Agricultural Statistics Service Small decreases in some major States

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USDA / National Agricultural Statistics Service 2.653 2.625

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USDA / National Agricultural Statistics Service U.S. WHEAT PRODUCTION Harvested acres reduced – flooding at harvest time Production up from last year’s drought

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USDA / National Agricultural Statistics Service

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USDA / National Agricultural Statistics Service 1.554 1.537

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USDA / National Agricultural Statistics Service U.S. WHEAT PRODUCTION 6.1 bushel increase from last year

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USDA / National Agricultural Statistics Service U.S. WHEAT PRODUCTION Above last year but below 8 of previous 10 seasons

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USDA / National Agricultural Statistics Service

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USDA / National Agricultural Statistics Service Hot, dry in July

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USDA / National Agricultural Statistics Service U.S. WHEAT PRODUCTION Above last year but lowest since 1993

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USDA / National Agricultural Statistics Service 76.7

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USDA / National Agricultural Statistics Service 2.129 2.114

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USDA / National Agricultural Statistics Service U.S. PRODUCTION

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USDA / National Agricultural Statistics Service U.S. PRODUCTION

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