The August crop report from USDA gives us the first glimpse of yield estimates for the 2009 crop. If yields for Ohio hold true given the number of acres and estimated yield of 165 bushels per acre Ohio is looking at it largest corn crop ever. The big difference over 2009 from 2008 is the weather with more wide spread and timely rains even with a later planted crop. Soybeans will be 11 bushels higher for the state than in 2008. Below is a snap shot of information on average yield from the report.

	2009 Yield		2008 Yield
Crop	Ohio	US	Ohio	US
Corn	165	159.5	135	153.9
Soybeans	47	41.7	36	39.6
Wheat	71	47.2	68	44.2

This does change the inputs for those who look at the ACRE program. Trend line yield for Ohio corn were 154 and soybean 44. Given the August 2009 yield estimates of the 2009 crop, it will take corn prices on a cash basis (US Marketing Year) of less than $3.40 per bushel and soybean prices of less than $8.95 to generate revenues less than the state guarantee. With good yield and good prices we can certainly live without an ACRE payment but these numbers give some idea of the prices that would trigger payment s for the state of Ohio given the current 2009 production estimates.

The Ohio only report can be found at NASS-Ohio if you would like to see the total US picture that can be found at NASS.