USDA released their August crop report last week. Its one of the more anticipated ones of the year as its based on actual farmer surveys.
"With all of the water we’ve had this year, NC will not be setting a lot of records. The wet weather has impacted our crops negatively, with one exception. Corn likes water and it’s projected to be about 132 bushels per acre, which is 15 bushels more than 2012. If that holds, it would tie the record we set in 2006. Last year was excellent, but you know you are not going to see them back to back and we definitely have not.
Wheat numbers are down at 52 million bushels, a 22% increase from last year, but its because we planted 930,000 acres of wheat, 180,000 more than last year. But wheat yield will be about 56 bushels per acre, comparable to last year, but the quality is severely damaged. Its sprouting in the head and its just been too wet of a summer.
Cotton yields will be about 775 pounds per acre, a 239 pound decrease from last year’s record and 45% lower than last year.
Peanut yield is about 3600 pounds per acre, down 500 pounds from last year’s record.
Soybeans will yield 30 bushels, compared to 39 last year.
Tobacco is forecasted to be 2000 pounds per acre, down about 300 pounds. I would actually be amazed if we had this 2000 pound crop. What is more alarming is that we are 240 pound down from the July forecast. Total production of flue-cured tobacco is down to about 340 million pounds, a 10% drop from last year even though there were 6000 more acres planted this year. That shows how wet its been and unfortunately there is a lot of demand for this flue-cured tobacco. We hope to continue to grow that upward trend in demand.”