News

USDA raises corn, soybean, winter wheat crop estimates

The USDA has increased its 2017 production outlooks for U.S. corn, soybeans, and winter wheat.

USDA raised its corn outlook by nearly 200 million bushels to 14.255 billion because of bigger than expected acreage reported in late June, while beans were up 5 million bushels on the month at 4.260 billion, also on an acreage adjustment from last month. There were no changes to yield estimates. Weather in some key growing areas could bring those numbers down and the first field based production survey for corn and beans is in out in August.

With harvest ongoing, the winter wheat guess is 2% above the June projection at 1.279 billion bushels, but down 23% from the 2016 total of 1.672 billion. The average yield, as of July 1st, would be the second largest on record at 49.7 bushels per acre, behind 2016’s 55.3. In June, the USDA saw the winter wheat average yield at 48.9 bushels per acre. Harvested area is expected to be 25.760 million acres, compared to 30.222 million a year ago. By type, hard red winter is expected to be 757.521 million bushels, up 2% on the month, with soft red winter at 305.637 million bushels, a 3% increase, and white winter at 216.205 million bushels, also 3% higher. In 2016, hard red winter totaled 1.082 billion bushels, with soft red winter at 345.230 million and white winter at 244.612 million bushels.

The spring wheat production estimate was a little larger than expected at 422.880 million bushels, but still down 21% from last year’s total of 534.027 million and could go lower because of drought in the northern Plains. The average yield is seen at 40.3 bushels per acre, compared to 47.2 last year, and harvest area is projected at 10.497 million acres, compared to 11.303 million a year ago. By type, hard red spring is expected to total 385.108 million bushels, compared to 493.125 million in 2016, with white spring at 37.772 million. Durum is expected to total 57.495 million bushels

USDA’s winter and spring wheat production estimates for listed Brownfield states:

Illinois: Winter wheat: 36.750 million bushels, compared to 34.780 million in 2016; average yield of 75 bushels per acre, compared to 73 a month ago and 74 a year ago; harvested area of 490,000 acres, up 20,000 from last year

Indiana: Winter wheat: 19.760 million bushels, compared to 22.68 million in 2016; average yield of 76 bushels per acre, compared to 78 a month ago and 81 a year ago; harvested area of 260,000 acres, down 20,000 from last year

Michigan: Winter wheat: 36.12 million bushels, compared to 50.73 million in 2016; average yield of 84 bushels per acre, compared to 85 a month ago and 89 a year ago; harvested area of 430,000 acres, down 140,000 from last year

Minnesota: Spring wheat: 77.470 million bushels, compared to 73.34 million in 2016; average yield of 61 bushels per acre, compared to 59 a year ago; harvested area of 1.27 million acres, up 10,000 from last year

Missouri: Winter wheat: 34.68 million bushels, compared to 39.9 million in 2016; average yield of 68 bushels per acre, compared to 63 a month ago and 70 a year ago; harvested area of 510,000 acres, down 60,000 from last year

Nebraska: Winter wheat: 46 million bushels, compared to 70.74 million in 2016; average yield of 46 bushels per acre, compared to 46 a month ago and 54 a year ago; harvested area of 1 million acres, down 310,000 from last year

Ohio: Winter wheat: 31.5 million bushels, compared to 44.8 million in 2016; average yield of 43 bushels per acre, compared to 50 a month ago and 58 a year ago; harvested area of 420,000 acres, down 140,000 from last year

South Dakota: Winter wheat: 27.95 million bushels, compared to 63.8 million in 2016; average yield of 43 bushels per acre, compared to 50 a month ago and 58 a year ago; harvested area of 650,000 acres, down 460,000 from last year; Spring wheat: 31.96 million bushels, compared to 47.25 million in 2016; average yield of 34 bushels per acre, compared to 45 a year ago; harvested area of 940,000 acres, down 110,000 from last year

Wisconsin: Winter wheat: 14.63 million bushels, compared to 19.75 million in 2016; average yield of 77 bushels per acre, compared to 77 a month ago and 79 a year ago; harvested area of 190,000 acres, down 60,000 from last year

Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+Print this page

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!