Wheat ProductionAug 12, 2010 All wheat production, at 2.26 billion bushels, is up 2 percent from the July forecast and up 2 percent from 2009. Based on August 1 conditions, the United States yield is forecast at 46.9 bushels per acre, up 1.0 bushel from last month and 2.5 bushels above last year. If realized, this will be the highest yield on record, 2.0 bushels above 2008. Winter wheat production is forecast at 1.52 billion bushels, up 1 percent from last month and up slightly from 2009. The United States yield is forecast at 47.5 bushels per acre, up 0.6 bushel from last month and up 3.3 bushels from last year. If realized, this will be the second highest yield on record, trailing only 1999. The area expected to be harvested for grain totals 32.1 million acres, unchanged from last month but down 7 percent from last year. Hard Red Winter, at 1.03 billion bushels, is up 2 percent from a month ago. Soft Red Winter, at 260 million bushels, is down 3 percent from the previous forecast. White Winter is up 3 percent from last month and now totals 234 million bushels. Of this total, 18.6 million bushels are Hard White and 215 million bushels are Soft White. Durum wheat production is forecast at 109 million bushels, up 5 percent from July but down slightly from 2009. The United States yield is forecast at 42.0 bushels per acre, 2.0 bushels above last month but 2.9 bushels below last year. If realized, this will be the second highest yield on record, trailing only last year. Expected area to be harvested for grain totals 2.59 million acres, unchanged from last month but up 7 percent from last year. Other spring wheat production is forecast at 633 million bushels, up 4 percent last month and 8 percent above last year. If realized, this will be the third largest production on record, trailing only 1992 and 1996. The expected area to be harvested for grain totals 13.6 million acres, unchanged from last month but up 5 percent from last year. The United States yield is forecast at 46.6 bushels per acre, 2.0 bushels above last month and 1.5 bushels above 2009. If realized, this will be the highest yield on record, 1.5 bushels above the record set last year. Of the total production, 592 million bushels are Hard Red Spring wheat, up 5 percent from last month. DISCLAIMER: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by Commodity & Derivative Adv. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results. Read Entire Disclaimer. | 
