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USDA expects record soybean acreage

 

The USDA’s projecting record U.S. soybean acreage in 2015.

U.S. soybean acreage is estimated at 84.635 million acres, up 1% from 2014, with planting intentions unchanged or higher in 21 of the 31 major producing states.

Corn acreage is seen at 89.199 million acres, 2% less than last year. If realized, 2015 would be the third year in a row with an acreage reduction and potentially the lowest planted area since 2010.

All wheat acreage is pegged at 55.367 million acres, 3% lower than a year ago. Winter wheat is estimated at 40.751 million acres, down 4%, spring wheat is seen at 12.969 million acres, slightly lower, and durum is projected at 1.647 million acres, an 18% jump.

All cotton acreage is estimated at 9.549 million acres, a 13% year to year decrease. Upland planting is pegged at 9.399 million acres, down 13%, and American Pima is seen at 150,000 acres, a 22% drop.

The final 2015 U.S. corn and soybean planting numbers are out in June.

Acreage comparisons for selected crops in Brownfield states:

Illinois: Corn: 11.7 million acres, down 2% from 2014; Soybeans: 9.9 million acres, up 1% from 2014; Winter Wheat: 600,000 acres, down 19% from 2014

Indiana: Corn: 5.8 million acres, down 2% from 2014; Soybeans: 5.6 million acres, up 2% from 2014; Winter Wheat: 340,000 acres, down 13% from 2014

Iowa: Corn: 13.6 million acres, down 1% from 2014; Soybeans: 10.1 million acres, up 2% from 2014; Winter Wheat: 26,000 acres, unchanged from 2014

Michigan: Corn: 2.45 million acres, down 4% from 2014; Soybeans: 2.1 million acres, down 2% from 2014; Winter Wheat: 530,000 acres, down 7% from 2014

Minnesota: Corn: 8.5 million acres, up 4% from 2014; Soybeans: 7.5 million acres, up 2% from 2014; Winter Wheat: 48,000 acres, up 14% from 2014; Spring Wheat: 1.26 million acres, up 3% from 2014

Missouri: Corn: 3.3 million acres, down 6% from 2014; Soybeans: 5.65 million acres, unchanged from 2014; Winter Wheat: 840,000 acres, down 5% from 2014; Cotton: 175,000 acres, down 30% from 2014

Nebraska: Corn: 9.3 million acres, unchanged from 2014; Soybeans: 5.1 million acres, down 6% from 2014; Winter Wheat: 1.6 million acres, up 3% from 2014

Ohio: Corn: 3.5 million acres, down 5% from 2014; Soybeans: 5.1 million acres, up 5% from 2014; Winter Wheat: 550,000 acres, down 11% from 2014

South Dakota: Corn: 5.2 million acres, down 10% from 2014; Soybeans: 5.15 million acres, unchanged from 2014; Winter Wheat: 1.42 million acres, up 17% from 2014; Spring Wheat: 1.3 million acres, unchanged from 2014; Durum: 5,000 acres, up 25% from 2014

Wisconsin: Corn: 4.1 million acres, up 3% from 2014; Soybeans: 1.85 million acres, up 3% from 2014; Winter Wheat: 245,000 acres, down 17% from 2014