News

USDA increases corn, soybean projections

USDA has raised its projections for this year’s corn and soybean crops, but only by a little bit.

Corn is now seen at 14.475 billion bushels, up less than 1% from September, with an average yield of 174.2 bushels per acre. Harvested area is seen at 83.097 million acres. Soybeans are pegged at 3.927 billion bushels, slightly more than last month, with an average yield of 47.1 bushels per acre. Harvested area on soybeans is estimated at 83.403 million acres. If realized, these would be new all-time highs, including new state records in soybeans for Illinois, Indiana, Missouri, Ohio, and South Dakota. USDA also lowered harvested acreage estimates by small amounts. Still, the numbers don’t take into account any recent damage or yield reductions.

In 2013, U.S. corn production was 13.925 billion bushels, with an average yield of 158.8 bushels per acre and harvested area of 87.668 million acres, while soybean production was 3.358 billion bushels, with an average yield of 44.0 bushels per acre and harvested area of 76.253 million acres.

The next set of numbers is out November 10.

Corn and soybean numbers for Brownfield states:

Illinois: Corn: 2.34 billion bushels, compared to 2.1 billion in 2013; average yield of 200 bushels per acre, compared to 194 a month ago and 178 a year ago; harvested area of 11.7 million acres, compared to 11.8 million last year; Soybeans: 551.6 million bushels, compared to 474 million in 2013; average yield of 56 bushels per acre, compared to 56 a month ago and 50 a year ago; harvested area of 9.85 million acres, compared to 9.48 million last year

Indiana: Corn: 1.07 billion bushels, compared to 1.036 billion in 2013; average yield of 186 bushels per acre, compared to 184 a month ago and 177 a year ago; harvested area of 5.75 million acres, compared to 5.85 million last year; Soybeans: 296.46 million bushels, compared to 267.285 million in 2013; average yield of 54 bushels per acre, compared to 52 a month ago and 51.5 a year ago; harvested area of 5.49 million acres, compared to 5.19 million last year

Iowa: Corn: 2.442 billion bushels, compared to 2.162 billion in 2013; average yield of 185 bushels per acre, compared to 185 a month ago and 165 a year ago; harvested area of 13.2 million acres, compared to 13.1 million last year; Soybeans: 504.39 million bushels, compared to 420.875 million in 2013; average yield of 51 bushels per acre, compared to 51 a month ago and 45.5 a year ago; harvested area of 9.89 million acres, compared to 9.25 million last year

Missouri: Corn: 599.4 million bushels, compared to 435.2 million in 2013; average yield of 180 bushels per acre, compared to 169 a month ago and 136 a year ago; harvested area of 3.33 million acres, compared to 3.2 million last year; Soybeans: 257.6 million bushels, compared to 201.96 million in 2013; average yield of 46 bushels per acre, compared to 46 a month ago and 36 a year ago; harvested area of 5.6 million acres, compared to 5.61 million last year

Nebraska: Corn: 1.584 billion bushels, compared to 1.624 billion in 2013; average yield of 181 bushels per acre, compared to 179 a month ago and 170 a year ago; harvested area of 8.75 million acres, compared to 9.55 million last year; Soybeans: 283.55 million bushels, compared to 255.195 million in 2013; average yield of 53 bushels per acre, compared to 53 a month ago and 53.5 a year ago; harvested area of 5.35 million acres, compared to 4.77 million last year

Ohio: Corn: 619.44 million bushels, compared to 661.98 million in 2013; average yield of 178 bushels per acre, compared to 179 a month ago and 177 a year ago; harvested area of 3.48 million acres, compared to 3.74 million last year; Soybeans: 244.5 million bushels, compared to 222.255 million in 2013; average yield of 50 bushels per acre, compared to 50 a month ago and 49.5 a year ago; harvested area of 4.89 million acres, compared to 4.49 million last year

South Dakota: Corn: 815.4 million bushels, compared to 808.68 million in 2013; average yield of 151 bushels per acre, compared to 148 a month ago and 138 a year ago; harvested area of 5.4 million acres, compared to 5.86 million last year; Soybeans: 219.73 million bushels, compared to 185.49 million in 2013; average yield of 43 bushels per acre, compared to 42 a month ago and 40.5 a year ago; harvested area of 5.11 million acres, compared to 4.58 million last year

Wisconsin: Corn: 497.34 million bushels, compared to 445.3 million in 2013; average yield of 162 bushels per acre, compared to 162 a month ago and 146 a year ago; harvested area of 3.07 million acres, compared to 3.05 million last year; Soybeans: 80.1 million bushels, compared to 60.45 million in 2013; average yield of 45 bushels per acre, compared to 46 a month ago and 39 a year ago; harvested area of 1.78 million acres, compared to 1.55 million last year

Add Comment

Your email address will not be published.


 

Stay Up to Date

Subscribe for our newsletter today and receive relevant news straight to your inbox!