News

USDA raises 2018 soybean, corn crop guesses

The USDA has increased its 2018 U.S. corn and soybean production estimates.

Corn is projected at 14.567 billion bushels, up from July’s guess, but down 1% on the year, with an expected record yield of 178.4 bushels per acre partially canceled out by a 1% reduction in harvested area, to 81.77 million bushels. In 2017, corn totaled 14.604 billion bushels with an average yield of 176.6 bushels per acre and harvested area of 82.703 million acres.

Soybeans are seen at 4.586 billion bushels, also up from a month ago and 4% above a year ago, with record average yield of 51.6 against a 1% decrease in harvested area, to 88.862 million acres. A year ago, soybeans totaled 4.392 billion bushels with an average yield of 49.1 bushels per acre and harvested area of 89.552 million acres.

All wheat is pegged at 1.877 billion bushels, slightly lower than last month, but 8% higher than last year, as a 48% jump in spring wheat to 614.514 million bushels cancels out a 6% decline for winter wheat, now estimated at 1.189 billion bushels. This year’s average yield for winter wheat is seen at 47.9 bushels per acre, compared to 48 in July and 50.2 in 2017, with harvested area of 24.816 million acres, while the average yield for spring wheat is projected at 47.6 bushels per acre, unchanged on the month and up from the average of 41 last year, with harvested area of 12.899 million acres, compared to 10.159 million in 2017. Durum is estimated at 74.432 million acres with an average yield of 39.9 bushels per acre and harvested area of 1.841 million acres, compared to 54.909 million bushels, 25.7 bushels per acre, and 2.136 million acres, respectively, a year ago.

Nationally, corn and soybeans are in the late stage of development, while the spring wheat harvest is ongoing and the winter wheat harvest is nearly wrapped up for the year.

State breakdowns of selected crops for Brownfield states:

Illinois: CORN: 2.246 billion bushels, compared to 2.201 billion in 2017; record average yield of 207 bushels per acre, compared to 201 a year ago; harvested area of 10.85 million acres, compared to 10.95 million last year; SOYBEANS: 694.4 million bushels, compared to 611.9 million in 2017; record average yield of 64 bushels per acre, compared to 58 a year ago; harvested area of 10.85 million acres, compared to 10.55 million last year; WINTER WHEAT: 36.3 million bushels, compared to 35.72 million in 2017; average yield of 66 bushels per acre, compared to 69 a month ago and 76 a year ago; harvested area of 550,000 acres, compared to 470,000 last year

 

Indiana: CORN: 915.12 million bushels, compared to 934.2 million in 2017; average yield of 186 bushels per acre, compared to 180 a year ago; harvested area of 4.92 million acres, compared to 5.19 million last year; SOYBEANS: 358.44 million bushels, compared to 320.76 million in 2017; record average yield of 58 bushels per acre, compared to 54 a year ago; harvested area of 6.18 million acres, compared to 5.94 million last year; WINTER WHEAT: 18.105 million bushels, compared to 17.76 million in 2017; average yield of 71 bushels per acre, compared to 76 a month ago and 74 a year ago; harvested area of 255,000 acres, compared to 240,000 last year

Iowa: CORN: 2.596 billion bushels, compared to 2.606 billion in 2017; average yield of 202 bushels per acre, unchanged from a year ago; harvested area of 12.85 million acres, compared to 12.9 million last year; SOYBEANS: 580.56 million bushels, compared to 561.61 million in 2017; average yield of 59 bushels per acre, compared to 56.5 a year ago; harvested area of 9.84 million acres, compared to 9.94 million last year

Michigan: CORN: 292.3 million bushels, compared to 300.51 million in 2017; average yield of 158 bushels per acre, compared to 159 a year ago; harvested area of 1.85 million acres, compared to 1.89 million last year; SOYBEANS: 105.34 million bushels, compared to 96.475 million in 2017; average yield of 46 bushels per acre, compared to 42.5 a year ago; harvested area of 2.29 million acres, compared to 2.27 million last year; WINTER WHEAT: 39 million bushels, compared to 33.575 million in 2017; average yield of 78 bushels per acre, compared to 85 a month ago and 79 a year ago; harvested area of 500,000 acres, compared to 425,000 last year

Minnesota: CORN: 1.413 billion bushels, compared to 1.48 million in 2017; average yield of 191 bushels per acre, compared to 194 a year ago; harvested area of 7.4 million acres, compared to 7.63 million last year; SOYBEANS: 379.26 million bushels, compared to 380.23 million in 2017; average yield of 49 bushels per acre, compared to 47 a year ago; harvested area of 7.74 million acres, compared to 8.09 million last year; SPRING WHEAT: 98.28 million bushels, compared to 75.71 million bushels; average yield of 63 bushels per acre, compared to 67 both a month ago and a year ago

Missouri: CORN: 425.75 million bushels, compared to 552.5 million in 2017; average yield of 131 bushels per acre, compared to 170 a year ago; harvested area of 3.25 million acres, unchanged from last year; SOYBEANS: 257.85 million acres, compared to 289.59 million in 2017; average yield of 45 bushels per acre, compared to 49 a year ago; harvested area of 5.73 million acres, compared to 5.91 million last year; WINTER WHEAT: 32.33 million bushels, compared to 32.19 million in 2017; average yield of 61 bushels per acre, compared to 64 a month ago and 68 a year ago; harvested area of 530,000 acres, compared to 540,000 last year

Nebraska: CORN: 1.833 billion bushels, compared to 1.683 billion in 2017; record average yield of 196 bushels per acre, compared to 181 a year ago; harvested area of 9.35 million acres, compared to 9.3 million last year; SOYBEANS: 332.45 million bushels, compared to 326.025 million in 2017; record average yield of 61 bushels per acre, compared to 57.5 a year ago; harvested area of 5.45 million acres, compared to 5.67 million last year; WINTER WHEAT: 48 million bushels, compared to 46.92 million in 2017; average yield of 48 bushels per acre, compared to 48 a month ago and 46 a year ago; harvested area of 1 million acres, compared to 1.02 million last year

Ohio: CORN: 595.8 million bushels, compared to 554.01 million in 2017; record average yield of 180 bushels per acre, compared to 177 a year ago; harvested area of 3.31 million acres, compared to 3.13 million last year; SOYBEANS: 276.64 million bushels, compared to 251.955 million in 2017; record average yield of 56 bushels per acre, compared to 49.5 a year ago; harvested area of 4.94 million acres, compared to 5.09 million last year; WINTER WHEAT: 33.75 million bushels, compared to 32.19 million in 2017; average yield of 75 bushels per acre, compared to 79 a month ago and 74 a year ago; harvested area of 450,000 acres, compared to 435,000 last year

South Dakota: CORN: 824.5 million bushels, compared to 736.6 million in 2017; record average yield of 170 bushels per acre, compared to 145 a year ago; harvested area of 4.85 million acres, compared to 5.08 million last year; SOYBEANS: 277.34 million bushels, compared to 241.23 million in 2017; average yield of 49 bushels per acre, compared to 43 a year ago; harvested area of 5.66 million acres, compared to 5.61 million last year; WINTER WHEAT: 37.23 million bushels compared to 20.8 million in 2017; average yield of 51 bushels per acre, compared to 52 a month ago and 40 a year ago; harvested area of 730,000 acres, compared to 520,000 last year; SPRING WHEAT: 42.84 million bushels, compared to 20.77 million in 2017; average yield of 42 bushels per acre, compared to 41 a month ago and 31 a year ago; harvested area of 1.02 million acres, compared to 490,000 last year

Wisconsin: CORN: 531 million bushels, compared to 509.82 million in 2017; average yield of 177 bushels per acre, compared to 174 a year ago; harvested area of 3 million acres, compared to 2.93 million last year; SOYBEANS: 114.5 million bushels, compared to 100.58 million in 2017; average yield of 50 bushels per acre, compared to 47 a year ago; harvested area of 2.29 million acres, compared to 2.14 million last year; WINTER WHEAT: 14.08 million bushels, compared to 11.56 million in 2017; average yield of 64 bushels per acre, compared to 68 both a month and a year ago; harvested area of 220,000 acres, compared to 170,000 last year