Southern Crop

Southern Crop

USDA Forecasts Record-High Soybean Production in 2017

U.S. Crop Production – U.S. farmers are expected to “… produce a record-high soybean crop this year …” according to a report issued by the USDA National Agricultural Statistics Service (NASS) which found that, “… up 2 percent from 2016, soybean production is forecast at 4.38 billion bushels, while corn growers are expected to decrease their production by 7 percent from last year, forecast at 14.2 billion bushels … Wheat production is forecast at 1.74 billion bushels, down 25 percent from 2016 … NASS forecasts all cotton production at 20.5 million 480-pound bales, up 20 percent from last year. Yield is expected to average a record-high 892 pounds per harvested acre, up 25 pounds from last year …”

Document Title: The title of the August 10, 2017 USDA NASS News Release is “USDA Forecasts Record-High Soybean Production in 2017”

Organization: USDA National Agricultural Statistics Service (NASS)

Source: August 10, 2017 USDA NASS News Release

Web site: The August 10, 2017 USDA NASS News Release is posted at
http://www.nass.usda.gov/Newsroom/2017/08_10_2017.php

The August 10, 2017 USDA NASS Crop Production Report is posted at
http://usda.mannlib.cornell.edu/usda/current/CropProd/CropProd-08-10-2017.pdf

Crop production summaries for previous years are available at
http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1046

Contact: Questions may be directed to the commodity statisticians in the Crops Branch of the National Agricultural Statistics Service listed at page 51 of the report posted at
http://usda.mannlib.cornell.edu/usda/current/CropProd/CropProd-08-10-2017.pdf

Lance Honig is the Chief of the Crops Branch of USDA NASS and may be reached at 202 720 2127; e-mail: Lance.Honig@NASS.USDA.gov

Summary: The text of the August 10, 2017 USDA NASS News Release follows:

WASHINGTON, Aug. 10, 2017 – U.S. farmers are expected to produce a record-high soybean crop this year, according to the Crop Production report issued today by the USDA’s National Agricultural Statistics Service. Up 2 percent from 2016, soybean production is forecast at 4.38 billion bushels, while corn growers are expected to decrease their production by 7 percent from last year, forecast at 14.2 billion bushels.

Up 7 percent from last year, area for soybean harvest is forecast at a record 88.7 million acres with planted area for the nation estimated at a record-high 89.5 million acres, unchanged from the June estimate. Soybean yields are expected to average 49.4 bushels per acre, down 2.7 bushels from last year. Record soybean yields are expected in Delaware, Georgia, Kentucky, Missouri, Mississippi, Pennsylvania, and South Carolina.

Average corn yield is forecast at 169.5 bushels per acre, down 5.1 bushels from last year. If realized, this will be the third highest yield and production on record for the United States. NASS forecasts record-high yields in Alabama, Louisiana, Michigan, Mississippi, New York, Pennsylvania, and South Carolina. Acres planted to corn, at 90.9 million, remain unchanged from NASS’ previous estimate. As of July 30, 61 percent of this year’s corn crop was reported in good or excellent condition, 15 percentage points below the same time last year.

Wheat production is forecast at 1.74 billion bushels, down 25 percent from 2016. Growers are expected to produce 1.29 billion bushels of winter wheat this year, down 23 percent from last year. Durum wheat production is forecast at 50.5 million bushels, down 51 percent from last year. All other spring wheat production is forecast at 402 million bushels, down 25 percent from 2016. Based on August 1 conditions, the U.S. all wheat yield is forecast at 45.6 bushels per acre, down 7 bushels from last year. Today’s report also included the first production forecast for U.S. cotton. NASS forecasts all cotton production at 20.5 million 480-pound bales, up 20 percent from last year. Yield is expected to average a record-high 892 pounds per harvested acre, up 25 pounds from last year.

NASS interviewed more than 21,000 producers across the country in preparation for this report. The agency also conducted field and lab measurements on corn, soybeans, wheat and cotton in the major producing states, which usually account for about 75 percent of the U.S. production. NASS is also gearing up to conduct its September Agricultural Survey, which will focus on wheat, barley, oats and rye growers. That survey will take place during the first two weeks of September.

The Crop Production report is published monthly and is available online at www.nass.usda.gov .

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