News

USDA lowers corn, soybean crop estimates

The USDA has lowered its projections for 2019 U.S. corn and soybean production. It has been a rough growing season for producers in many parts of the U.S., with an historically slow planting pace, widely varied development weather, and the slowest pace of corn and soybean harvest in years.

Corn is now estimated at 13.661 billion bushels, 1% lower than in October and 5% below 2018, with the USDA lowering the average yield estimate by 1.4 bushels to 167.0 bushels per acre and leaving the harvested acreage guess unchanged at 81.815 million acres. In 2018, corn totaled 14.420 billion bushels with an average yield of 176.4 bushels per acre and harvested area of 81.74 million acres.

Soybeans are pegged at 3.550 billion bushels, slightly less than last month and a drop of 20% on the year, with no month to month changes for average yield or harvested area at 46.9 bushels per acre and 75.626 million acres, respectively. Last year, soybean production totaled 4.428 billion bushels with an average yield of 50.6 bushels per acre and harvested area of 87.594 million acres.

The USDA also tightened ending stocks projections for corn and wheat, while raising soybeans slightly.

The next set of supply, demand, and production estimates is out December 10th.

Comparisons for Brownfield states:

Arkansas: Corn: 47.58 million bushels, compared to 39 million in 2018; average yield of 156 bushels per acre, compared to 151 a month ago and 156 a year ago; harvested area of 305,000 acres, compared to 250,000 last year; Soybeans: 130 million bushels, compared to 162.105 million in 2018; average yield of 50 bushels per acre, compared to 50 a month ago and 50.5 a year ago; harvested area of 2.6 million acres, compared to 3.21 million last year

Illinois: Corn: 1.835 billion bushels, compared to 2.279 billion in 2018; average yield of 179 bushels per acre, compared to 179 a month ago and 210 a year ago; harvested area of 10.25 million acres, compared to 10.85 million last year; Soybeans: 506.94 million bushels, compared to 666.75 million in 2018; average yield of 51 bushels per acre, compared to 51 a month ago and 63.5 a year ago; harvested area of 9.94 million acres, compared to 10.5 million last year

Indiana: Corn: 808.5 million bushels, compared to 982.8 million in 2019; 165 bushels per acre, compared to 162 a month ago and 189 a year ago; harvested area of 4.9 million acres, compared to 5.2 million last year; Soybeans: 263.13 million bushels, compared to 342.7 million in 2018; average yield of 49 bushels per acre, compared to 48 a month ago and 57.5 a year ago; harvested area of 5.37 million acres, compared to 5.96 million last year

Iowa: Corn: 2.515 billion bushels, compared to 2.509 billion in 2018; average yield of 192 bushels per acre, compared to 192 a month ago and 196 a year ago; harvested area of 13.1 million acres, compared to 12.8 million last year; Soybeans: 483.89 million bushels, compared to 550.48 million in 2018; average yield of 53 bushels per acre, compared to 53 a month ago and 56 a year ago; harvested area of 9.13 million acres, compared to 9.83 million last year

Michigan: Corn: 262.74 million bushels, compared to 296.82 million in 2018; average yield of 151 bushels per acre, compared to 155 a month ago and 153 a year ago; harvested area of 1.74 million acres, compared to 1.94 million last year; Soybeans: 72.24 million bushels, compared to 109.725 million in 2018; average yield of 42 bushels per acre, compared to 44 a month ago and 47.5 a year ago; harvested area of 1.72 million acres, compared to 2.31 million last year

Minnesota: Corn: 1.243 billion bushels, compared to 1.363 billion in 2018; average yield of 170 bushels per acre, compared to 173 a month ago and 182 a year ago; harvested area of 7.31 million acres, compared to 7.49 million last year; Soybeans: 306.9 million bushels, compared to 374.85 million in 2018; average yield of 45 bushels per acre, compared to44 a month ago and 49 a year ago; harvested area of 6.82 million acres, compared to 7.65 million last year

Missouri: Corn: 472.75 million bushels, compared to 466.2 million in 2018; average yield of 155 bushels per acre, compared to 155 a month ago and 140 a year ago; harvested area of 3.05 million acres, compared to 3.33 million last year; Soybeans: 231.38 million bushels, compared to 257.21 million in 2018; average yield of 46 bushels per acre, compared to 46 a month ago and 44.5 a year ago; harvested area of 5.03 million acres, compared to 5.78 million last year

Nebraska: Corn: 1.775 billion bushels, compared to 1.788 billion in 2018; average yield of 182 bushels per acre, compared to 186 a month ago and 192 a year ago; harvested area of 9.75 million acres, compared to 9.31 million last year; Soybeans: 282.15 million bushels, compared to 324.22 million in 2018; average yield of 57 bushels per acre, compared to 56 a month ago and 58 a year ago; harvested area of 4.95 million acres, compared to 5.59 million last year

Ohio: Corn: 422.17 million bushels, compared to 617.1 million in 2018; average yield of 163 bushels per acre, compared to 160 a month ago and 187 a year ago; harvested area of 2.59 million acres, compared to 3.3 million last year; Soybeans: 204.96 million bushels, compared to 281.12 million in 2018; average yield of 48 bushels per acre, compared to 48 a month ago and 56 a year ago; harvested area of 4.27 million acres, compared to 5.02 million last year

South Dakota: Corn: 591.92 million bushels, compared to 777.6 million in 2018; average yield of 151 bushels per acre, compared to 154 a month ago and 160 a year ago; harvested area of 3.92 million acres, compared to 4.86 million last year; Soybeans: 153.08 million bushels, compared to 251.1 million in 2018; average yield of 43 bushels per acre, compared to 43 a month ago and 45 a year ago; harvested area of 3.56 million acres, compared to 5.58 million last year

Tennessee: Corn: 160.08 million bushels, compared to 115.92 million in 2018; record expected average yield of 174 bushels per acre, compared to 175 a month ago and 168 a year ago; harvested area of 920,000 acres, compared to 690,000 last year; Soybeans: 64.86 million bushels, compared to 75.985 million in 2018; average yield of 47 bushels per acre, compared to 47 a month ago and 45.5 a year ago; harvested area of 1.38 million acres, compared to 1.67 million last year

Wisconsin: Corn: 462.92 million bushels, compared to 545.24 million in 2018; average yield of 163 bushels per acre, compared to 163 a month ago and 172 a year ago; harvested area of 2.84 million acres, compared to 2.17 million last year; Soybeans: 79.58 million bushels, compared to 104.64 million in 2018; average yield of 46 bushels per acre, compared to 46 a month ago and 48 a year ago; harvested area of 1.73 million acres, compared to 2.18 million last year