STAT Communications Ag Market News

Soybean Yields Rise Further

WASHINGTON - Nov 9/16 - SNS -- Soybean production is forecast at a record 4.36 billion bushels, up 2% from October and up 11% from last year, according to the USDA.

Based on November 1 conditions, yields are expected to average a record 52.5 bushels per acre, up 1.1 bushels from last month and up 4.5 bushels from last year. Area for harvest in the United States is forecast at a record 83.0 million acres, unchanged from last month.

The November objective yield data for the combined 11 major soybean-producing States (Arkansas, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Ohio, and South Dakota) indicate a higher pod count from the previous year. Compared with final counts for 2015, pod counts are up in all 11 of the published States. An increase of more than 150 pods per 18 square feet from 2015's final pod count is expected in Indiana, Missouri, and Nebraska.

If realized, the forecasted yield will be a record high in Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.

Soybeans for Beans Area Harvested, Yield, and Production - States and United States: 2015
and Forecasted November 1, 2016
-------------------------------------------------------------------------------------------
                 :  Area harvested   :         Yield per acre          :    Production
                 :-------------------------------------------------------------------------
      State      :         :         :         :         2016          :         :
                 :  2015   :  2016   :  2015   :-----------------------:  2015   :  2016
                 :         :         :         : October 1 :November 1 :         :
-------------------------------------------------------------------------------------------
                 :    1,000 acres       --------- bushels ---------     -- 1,000 bushels --
                 :
Alabama .........:    490       410     41.0       34.0        33.0        20,090    13,530
Arkansas ........:  3,170     3,120     49.0       48.0        48.0       155,330   149,760
Delaware ........:    173       168     40.0       42.0        43.0         6,920     7,224
Georgia .........:    310       255     43.0       40.0        35.0        13,330     8,925
Illinois ........:  9,720    10,050     56.0       62.0        62.0       544,320   623,100
Indiana .........:  5,500     5,680     50.0       59.0        59.0       275,000   335,120
Iowa ............:  9,800     9,500     56.5       58.0        59.0       553,700   560,500
Kansas ..........:  3,860     4,010     38.5       45.0        48.0       148,610   192,480
Kentucky ........:  1,810     1,790     49.0       50.0        50.0        88,690    89,500
Louisiana .......:  1,390     1,210     41.0       49.0        49.0        56,990    59,290
                 :
Maryland ........:    515       515     40.0       45.0        44.0        20,600    22,660
Michigan ........:  2,020     2,090     49.0       47.0        52.0        98,980   108,680
Minnesota .......:  7,550     7,550     50.0       49.0        52.0       377,500   392,600
Mississippi .....:  2,270     2,030     46.0       48.0        50.0       104,420   101,500
Missouri ........:  4,470     5,550     40.5       50.0        50.0       181,035   277,500
Nebraska ........:  5,270     5,150     58.0       61.0        62.0       305,660   319,300
New Jersey ......:    103        98     32.0       40.0        40.0         3,296     3,920
New York ........:    301       326     43.0       41.0        42.0        12,943    13,692
North Carolina ..:  1,730     1,670     32.0       38.0        36.0        55,360    60,120
North Dakota ....:  5,720     6,010     32.5       39.0        41.0       185,900   246,410
                 :
Ohio ............:  4,740     4,840     50.0       53.0        55.0       237,000   266,200
Oklahoma ........:    375       470     31.0       27.0        25.0        11,625    11,750
Pennsylvania ....:    575       585     44.0       45.0        46.0        25,300    26,910
South Carolina ..:    370       410     26.5       34.0        34.0         9,805    13,940
South Dakota ....:  5,120     5,170     46.0       46.0        48.0       235,520   248,160
Tennessee .......:  1,720     1,640     46.0       46.0        44.0        79,120    72,160
Texas ...........:    115       145     26.0       27.0        29.0         2,990     4,205
Virginia ........:    620       600     34.5       39.0        37.0        21,390    22,200
Wisconsin .......:  1,870     1,950     49.5       52.0        55.0        92,565   107,250
                 :
Other States 1/ .:     55        55     42.7       44.3        44.3         2,350     2,437
                 :
United States ...: 81,732    83,047     48.0       51.4        52.5     3,926,339 4,361,023
-------------------------------------------------------------------------------------------
1/ Other States include Florida and West Virginia. Individual State level estimates will
   be published in the "Crop Production 2016 Summary."

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