USDA Predicting Larger Corn, Soybean Harvest

The Department of Agriculture expects a larger corn and a record soybean harvest in the most recent round of monthly reports. USDA forged against expectations and raised corn production to an estimated 14.1 billion bushels and soybeans to a record 4.4 billion bushels. USDA is forecasting the average corn yield at 169.0 bushels per acre, and the soybean yield at 49.9 bushels per acre. Production for the 2017-18 corn crop increased 31 million bushels from the August projection, but still six percent lower than the 2016-17 crop. Yield is expected to be lower, but overall crop projections by USDA put the crop at third-largest on record.

The projected range for the season-average corn price received by producers was lowered 10 cents on both ends to a range of $2.80 to $3.60 per bushel. The farm price for soybeans was also lowered 10 cents a bushel to an average of $9.20. As for cotton, USDA estimated larger production, exports, and ending stocks relative to last month. However, USDA says those projections came before Hurricane Harvey, adding the agency will go back to collect harvested acres for cotton for Texas and Louisiana for the October Crop Production report.

USDA Crop Production Report

USDA September Crop Summary


Nebraska Crop Production Report

Based on September 1 conditions, Nebraska's 2017 corn crop is forecast at a record 1.72 billion bushels, up 1 percent from last year's production, according to the USDA's National Agricultural Statistics Service. Area harvested for grain, at 9.50 million acres, is down 1 percent from a year ago. Average yield is forecast at 181 bushels per acre, up 3 bushels from last year.

Soybean production is forecast at a record 316 million bushels, up 1 percent from last year. Area for harvest, at 5.65 million acres, is up 10 percent from 2016. Yield is forecast at 56 bushels per acre, down 5 bushels from a year ago.

Sorghum for grain production of 10.3 million bushels is down 42 percent from a year ago. Area for harvest, at 110,000 acres, is down 37 percent from 2016. Yield is forecast at 94 bushels per acre, down 8 bushels from last year.

Sugarbeet production is forecast at 1.60 million tons, up 14 percent from 2016. Area for harvest, at 48,400 acres, is up 3 percent from last year. Record yield is forecast at 33.1 tons per acre, up 3.2 tons from a year ago.

Dry edible pea production is forecast at 728,000 cwt, up 4 percent from a year ago. Area for harvest, at 56,000 acres, is up 8 percent from 2016. Yield is forecast at 1,300 pounds per acre, down 40 pounds from last year.


Kansas Crop Production Report

Based on September 1 conditions, Kansas's 2017 corn production is forecast at 665 million bushels, down 5 percent from last year's production, according to the USDA's National Agricultural Statistics Service. Area to be harvested for grain, at 5.0 million acres, is up 2 percent from a year ago. Yield is forecast at 133 bushels per acre, down 9 bushels from last year.

Sorghum for grain in Kansas is forecast at 196 million bushels, down 27 percent from 2016. Area for harvest, at 2.45 million acres, is down 17 percent from last year. Yield is forecast at 80 bushels per acre, down 11 bushels from last year.

Soybean production is a record forecast at 202 million bushels, up 5 percent from last year. Area for harvest, at 4.70 million acres, is 17 percent above 2016. Yield is forecast at 43 bushels per acre, down 5 bushels from last year.

Cotton production is a record forecast at 205,000 bales, up 189 percent from last year. Acreage for harvest, at 91,000 acres, is up 60,000 acres from 2016. Yield is forecast at 1,081 pounds per acre, down 18 pounds per acre from a year ago.

Photo: AgView.net

Story source: NAFB News Service & USDA-NASS

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