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USA Soybean News

High Corn and Soybean Production in US

Washington: According to the Crop Production report issued today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS), both U.S. corn and soybean growers are expected to harvest record-high crops this year. In 2016, U.S. soybean production is forecast at 4.06 billion bushels and corn growers are expected to harvest 15.2 billion bushels.

From the 2015 harvest, corn growers are expected to increase their production by 11 percent, aided by excellent field conditions. Average corn yield is forecast at 175.1 bushels per acre, setting a new record-high. NASS forecasts record-high yields in 10 of the largest corn-producing states, including Iowa, Illinois, and Nebraska.

From the NASS’ previous estimate, acres planted to corn, at 94.1 million, remain unchanged. Crop progress report showed 76% of this year’s corn crop was rated in good or excellent condition as of July 31.

U.S. soybean growers also took advantage of the favorable weather conditions and are forecast to increase their production by 3 percent from 2015. Soybean yields are expected to average 48.9 bushels per acre, reaching another record-high mark. Just as with corn, the acres planted to soybeans remain unchanged from the June estimate. Record soybean yields are expected in Illinois, Iowa, Missouri, Nebraska, and Wisconsin. Growers are forecast to harvest 83.0 million acres of soybeans this year.

In preparation for this report, NASS interviewed more than 22,000 producers across the country. 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% 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.