date:Aug 11, 2012
Soybean production was forecast at 2,692,014,000 bushels, down 12 percent from 3,056,032,000 bushels last year. All-wheat production was forecast at 2,268,246,000 bushels, up 2 percent from 2,224,075,000 bushels in July and up 13 percent from 1,999,347,000 bushels in 2011.
If realized, corn production would be the lowest since 10,531,123,000 bushels in 2006, the USDA said. It was the first USDA survey-based forecast of the season for corn, soybeans and other row crops.
The USDA corn number was