October Crop Report

      As of Oct. 1, the corn for grain yield in Illinois was expected to

drop two bushels from the Sept. 1 forecast to 159 bushels per acre.  

Production would be 1.97 billion bushels, one percent more than last year’s

crop.  As of Oct. 2, 32 percent of the crop was harvested which

compares to 72 percent last year at this time and a five-year average of 36

percent.  Acres planted and harvested were each revised up to 12.6 million

and 12.4 million.  These are increases of 100,000 acres from the previous

estimates.

     The Oct. 1 forecast yield for soybeans in Illinois was expected

to drop to 46 bushels per acre, two bushels below the Sept. 1 estimate.

Production was expected to total 407.1 million bushels, down 13 percent

from last year.  As of Oct. 2, 12 percent of the crop had been

harvested compared to 46 percent last year and the five-year average of 27

percent.

     The final yield for the 2011 winter wheat crop was 61 bushels per

acre, up five bushels from last year’s yield.  Acreage seeded in the fall of 2010

was 800 thousand acres, up 470 thousand acres from 2009.  Farmers

harvested 765 thousand acres for grain this year, over 2.5 times more than

last year.  This resulted in a total production of 46.7 million bushels, 2.8

times more than the 2010 production.

  United States Crop Production

      Corn production is forecast at 12.4 billion bushels, down one percent

from the September forecast and down slightly from the 2010 production

estimate.  If realized, this will be the fourth largest production total on

record for the United States.  Based on conditions as of Oct. 1, yields

are expected to average 148.1 bushels per acre, unchanged from the

Sept. forecast but down 4.7 bushels from 2010.  If realized, this will

be the lowest average yield since 2005.  Area harvested for grain is forecast

at 83.9 million acres, down one percent from the Sept. forecast.  

Acreage updates were made in several states based on administrative data.

     Soybean production is forecast at 3.06 billion bushels, down one percent

from Sept. and down eight percent from last year.  Based on Oct. 1

conditions, yields are expected to average 41.5 bushels per acre, down 0.3

bushel from last month and down two bushels from last year.  If realized, the

average yield will be the second lowest since 2003.  Area for harvest is

forecast at 73.7 million acres, down slightly from Sept. and down four

percent from 2010.

     All wheat production totaled 2.01 billion bushels in 2011, down nine

percent from 2010.  Grain area totaled 45.7 million acres, down four percent

from the previous year.  The United States yield is 43.9 bushels per acre,

down 2.4 bushels from the previous year’s record high but still ranks as the

fifth highest on record.  The levels of production and changes from 2010

by type are winter wheat, 1.49 billion bushels, up one percent; other spring

wheat, 462 million bushels, down 25 percent; Durum wheat, 51.9 million

bushels, down 51 percent.

 Cash Receipts

     Cash receipts from marketings of all farm commodities in Illinois

during 2010 totaled 14.9 billion dollars, a decrease of less than one percent

from 2009.  Receipts from crops totaled 12.6 billion dollars, down four

percent from 2009, and represented 85 percent of the total cash receipts.  

Livestock receipts totaled 2.3 billion dollars, up 23 percent from 2009, and

accounted for 15 percent of the total.

     Cash receipts for corn totaled 7.3 billion dollars, 49 percent of total

cash receipts, and were down one percent from 2009.  Soybean receipts, at

4.5 billion dollars, decreased five percent from 2009, and accounted for 30

percent of total cash receipts.  Wheat cash receipts in 2010 decreased to

99.8 million dollars, down 59 percent from 2009.

     During 2010, cash receipts increased 20 percent for cattle and 25

percent for hogs.  Total receipts for cattle were 584 million dollars, four

percent of the total cash receipts.  Receipts for hogs were 1.19 billion

dollars and accounted for eight percent of the total.  Receipts for dairy

products increased 28 percent to 325.8 million dollars.

Farm Production Expenditures

     Illinois farm production expenditures totaled $14.8 billion in 2010,

up three percent from the revised 2009 total of $14.4 billion.  The largest

increases were for tractors and self-propelled farm machinery up 17

percent and rent up 12 percent.  The two largest expenditures were rent, 23

percent of the total, and fertilizer, lime and soil conditioners which

accounted for 14 percent of the total.

     U.S. total farm production expenditures totaled $289 billion in 2010,

up from $287 billion in 2009.  Two expense items showing the largest

increases from the previous year were tractors and self-propelled farm

machinery up 17 percent and rent up 15 percent.  The two largest

expenditures at the U.S. level totaled $81.1 billion and accounted for 28

percent of total expenditures.  They were feed at 16 percent and farm

services at 12 percent.