News

USDA sees record corn crop, but estimate likely to change

The USDA has raised its 2020 domestic production projections for corn and soybeans. This report does not take into account any losses due to damage reported since August 1st, those adjustments will be reflected in upcoming reports.

For now, U.S. corn production is estimated at a record 15.278 billion bushels, an increase of 278 million from July and 12% from 2019, with an average yield of 181.8 bushels per acre, a jump of 14.4 bushels on the year, and harvested area of 84.0 million acres, steady with June and 3% higher than a year ago.

Soybeans are seen at 4.425 billion bushels, 147 million more than last month and 25% larger than last year, with a record average yield of 53.3 bushels per acre, 5.9 bushels above the previous year, and harvested area of 83.0 million acres, unchanged from June and up 11% on the year.

Wheat production was down 2% on the month at 1.838 billion bushels, as a 2% cut in winter wheat to 1.198 billion bushels canceled out a 5% rise for non-durum spring wheat at 577.485 million bushels. All types of wheat are expected to average 50.1 bushels per acre, up 0.4 from the last guess, but down 1.6 from 2019, with harvested area of 36.7 million acres, 1% below the year before. The average yield for winter wheat is pegged at 51.1 bushels per acre, down 0.9 from July and 2.5 lower than last year, with harvested area of 23.439 million acres, 4% under a year ago. The average yield for non-durum spring wheat is seen at a record high 49.0 bushels per acre, up 2.4 from July 1^st and 0.8 from 2019, with harvested area of 11.795 million acres, 1% more than last year.

The USDA’s next production update is out September 11th.

Comparisons for corn, soybean, and wheat production in Brownfield states:

Arkansas: Corn: 113.125 million bushels, compared to 126.875 million in 2019; average yield of 181 bushels per acre, compared to 175 a year ago; harvested area of 625,000 acres, compared to 725,000 last year; Soybeans: 142.59 million bushels, compared to 127.89 million in 2019; average yield of 49 bushels per acre, unchanged from a year ago; harvested area of 2.91 million acres, compared to 2.61 million last year; Winter Wheat: 4.2 million bushels, compared to 2.6 million in 2019; average yield of 56 bushels per acre, compared to 56 a month ago and 52 a year ago; harvested area of 75,000 acres, compared to 50,000 last year

Illinois: Corn: 2.215 billion bushels, compared to 1.846 billion in 2019; average yield of 207 bushels per acre, compared to 181 a year ago; harvested area of 10.7 million acres, compared to 10.2 million last year; Soybeans: 662.4 million bushels, compared to 532.44 million in 2019; record average yield of 64 bushels per acre, compared to 54 a year ago; harvested area of 10.35 million acres, compared to 9.86 million last year; Winter Wheat: 34 million bushels, compared to 36.85 million in 2019; average yield of 68 bushels per acre, compared to 68 a month ago and 67 a year ago; harvested area of 500,000 acres, compared to 550,000 last year

Indiana: Corn: 987 million bushels, compared to 814.58 million in 2019; average yield of 188 bushels per acre, compared to 169 a year ago; harvested area of 5.25 million acres, compared to 4.82 million last year; Soybeans: 346.48 million bushels, compared to 273.36 million in 2019; record average yield of 61 bushels per acre, compared to 51 a year ago; harvested area of 5.68 million acres, compared to 5.36 million last year; Winter Wheat: 20.77 million bushels, compared to 16.12 million in 2019; average yield of 67 bushels per acre, compared to 70 a month ago and 62 a year ago; harvested area of 310,000 acres, compared to 260,000 last year

Iowa: Corn: 2.737 billion bushels, compared to 2.584 billion in 2019; average yield of 202 bushels per acre, compared to 198 a year ago; harvested area of 13.55 million acres, compared to 13.05 million last year; Soybeans: 540.56 million bushels, compared to 501.6 million in 2019; average yield of 58 bushels per acre, compared to 55 a year ago; harvested area of 9.32 million acres, compared to 9.12 million last year;

Michigan: Corn: 325.92 million bushels, compared to 236.67 million in 2019; record average yield of 168 bushels per acre, compared to 147 a year ago; harvested area of 1.94 million acres, compared to 1.61 million last year; Soybeans: 116.79 million bushels, compared to 69.66 million in 2019; record average yield of 51 bushels per acre, compared to 40.5 a year ago; harvested area of 2.29 million acres, compared to 1.72 million last year; Winter Wheat: 36.96 million bushels, compared to 34.08 million in 2019; average yield of 77 bushels per acre, compared to 80 a month ago and 71 a year ago; harvested area of 480,000 acres, matching last year

Minnesota: Corn: 1.507 billion bushels, compared to 1.254 billion in 2019; record average yield of 197 bushels per acre, compared to 173 a year ago; harvested area of 7.65 million acres, compared to 7.25 million last year; Soybeans: 373.83 million bushels, compared to 297.88 million in 2019; average yield of 51 bushels per acre, compared to 44 a year ago; harvested area of 7.33 million acres, compared to 6.77 million last year; Spring Wheat: 73.08 million bushels, compared to 79.8 million in 2019; average yield of 58 bushels per acre, compared to 57 a month ago and 57 a year ago; harvested area of 2.85 million acres, compared to 2.76 million last year

Missouri: Corn: 586.25 million bushels, compared to 463.45 million in 2019; average yield of 175 bushels per acre, compared to 155 a year ago; harvested area of 3.35 million acres, compared to 2.99 million last year; Soybeans: 294.15 million bushels, compared to 230.46 million in 2019; record average yield of 53 bushels per acre, compared to 46 a year ago; harvested area of 5.55 million acres, compared to 5.01 million last year; Winter Wheat: 24.57 million acres, unchanged from 2019; average yield of 63 bushels per acre, steady with a month ago and a year ago; harvested area of 390,000 acres, matching last year

Nebraska: Corn: 1.805 billion bushels, compared to 1.785 billion in 2019; average yield of 191 bushels per acre, compared to 182 a year ago; harvested area of 9.45 million acres, compared to 9.81 million last year; Soybeans: 306.9 million bushels, compared to 283.14 million in 2019; record average yield of 62 bushels per acre, compared to 58.5 a year ago; harvested area of 4.95 million acres, compared to 4.84 million last year; Winter Wheat: 36.55 million bushels, compared to 55.29 million in 2019; average yield of 43 bushels per acre, compared to 48 a month ago and 57 a year ago; harvested area of 850,000 acres, compared to 970,000 last year

Ohio: Corn: 595 million bushels, compared to 421.48 million in 2019; average yield of 175 bushels per acre, compared to 164 a year ago; harvested area of 3.4 million acres, compared to 2.57 million last year; Soybeans: 277.24 million bushels, compared to 209.23 million in 2019; record average yield of 58 bushels per acre, compared to 49 a year ago; harvested area of 4.78 million acres, compared to 4.27 million last year; Winter Wheat: 34.08 million bushels, compared to 21.56 million in 2019; average yield of 71 bushels per acre, compared to 75 a month ago and 56 a year ago; harvested area of 480,000 acres, compared to 385,000 last year

South Dakota: Corn: 821.64 million bushels, compared to 557.28 million in 2019; record average yield of 167 bushels per acre, compared to 144 a year ago; harvested area of 4.92 million acres, compared to 3.87 million last year; Soybeans: 257.5 million bushels, compared to 146.2 million in 2019; record average yield of 50 bushels per acre, compared to 42.5 a year ago; harvested area of 5.15 million acres, compared to 3.44 million last year; Winter Wheat: 34.8 million bushels, compared to 40.04 million in 2019; record average yield of 60 bushels per acre, compared to 51 a month ago and 52 a year ago; harvested area of 580,000 acres, compared to 770,000 last year; Spring Wheat: 36.675 million bushels, compared to 26.015 million in 2019; average yield of 45 bushels per acre, compared to 41 a month ago and 43 a year ago; harvested area of 815,000 acres, compared to 605,000 last year

Tennessee: Corn: 160.2 million bushels, compared to 161.07 million in 2019; record average yield of 178 bushels per acre, compared to 177 a year ago; harvested area of 900,000 acres, compared to 910,000 last year; Soybeans: 76.93 million bushels, compared to 64.39 million in 2019; average yield of 49 bushels per acre, compared to 47 a year ago; harvested area of 1.57 million acres, compared to 1.37 million last year; Winter Wheat: 14.03 million bushels, compared to 14.405 million in 2019; average yield of 61 bushels per acre, compared to 61 a month ago and 67 a year ago; harvested area of 230,000 acres, compared to 215,000 last year

Wisconsin: Corn: 524.9 million bushels, compared to 443.22 million in 2019; record average yield of 181 bushels per acre, compared to 166 a year ago; harvested area of 2.9 million acres, compared to 2.67 million last year; Soybeans: 109.62 million bushels, compared to 79.43 million in 2019; average yield of 54 bushels per acre, compared to 47 a year ago; harvested area of 2.03 million acres, compared to 1.69 million last year; Winter Wheat: 8.52 million bushels, compared to 9.6 million in 2019; average yield of 71 bushels per acre, compared to 70 a month ago and 64 a year ago; harvested area of 120,000 acres, compared to 150,000 last year