USDA estimates 2016/17 Russia corn crop to reach record levels for area, yield, and production, with output projected at 14.5 million metric tons, up 0.5 million from last month and up 1.3 million from last year’s then record crop.
Harvested area is estimated at 2.8 million hectares, unchanged from last month and up slightly from last year, the agency said in its latest World Agriculture Supply and Demand Estimates Report.
The expected yield of 5.18 tons per hectare is up 5 percent from last year and 3 percent above the previous record, set in 2013/14. The month-to-month increase is based on harvest data from the Russian Ministry of Agriculture, it said.
As of November 3, harvest was complete on 63 percent of the planted area which is the average pace for this date. Yield to date is reported by the ministry of agriculture at 5.60 tons per hectare. The yield to date tends to remain fairly stable after the beginning of November, but the final yield reported by Rosstat (the State Statistical Committee of Russia) is typically slightly below the yield reported by the Ministry near the end of the harvest campaign, the report added.