STAT Communications Ag Market News

Record Soybesan Harvest Underway

WASHINGTON - Sep 13/18 - SNS -- Soybean production is forecast at a record 4.69 billion bushels, up 2% from August and up 7% from last year, according to the USDA's latest crop production estimates.

Based on September 1 conditions, yields are expected to average a record high 52.8 bushels per acre, up 1.2 bushels from last month and up 3.7 bushels from last year. Area for harvest in the United States is forecast at 88.9 million acres, unchanged from August but down 1% from 2017.

The September 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 compared with the previous year. Compared with final counts for 2017, pod counts are up in 6 of the 11 published States. Ohio showed the greatest increase, up 196 pods per 18 square feet from the previous year. The largest decrease from the 2017 final pod count is expected in Missouri, down 462 pods per 18 square feet.

If realized, the forecasted yield will be a record high in Illinois, Indiana, Iowa, Kentucky, Mississippi, Nebraska, New York, Ohio, Pennsylvania, and Tennessee.

Soybeans for Beans Area Harvested, Yield, and Production - States and United States: 2017
and Forecasted September 1, 2018
-------------------------------------------------------------------------------------------
                 :  Area harvested   :         Yield per acre          :    Production
                 :-------------------------------------------------------------------------
      State      :         :         :         :         2018          :         :
                 :  2017   :  2018   :  2017   :-----------------------:  2017   :  2018
                 :         :         :         : August 1  :September 1:         :
-------------------------------------------------------------------------------------------
                 :    1,000 acres       --------- bushels ---------     -- 1,000 bushels --
                 :
Alabama .........:    345       355     46.0       48.0        44.0        15,870    15,620
Arkansas ........:  3,500     3,570     51.0       50.0        50.0       178,500   178,500
Delaware ........:    158       153     51.0       49.0        45.0         8,058     6,885
Georgia .........:    150       190     42.0       38.0        40.0         6,300     7,600
Illinois ........: 10,550    10,850     58.0       64.0        66.0       611,900   716,100
Indiana .........:  5,940     6,180     54.0       58.0        60.0       320,760   370,800
Iowa ............:  9,940     9,840     56.5       59.0        60.0       561,610   590,400
Kansas ..........:  5,110     4,810     37.0       36.0        41.0       189,070   197,210
Kentucky ........:  1,940     2,090     53.0       53.0        57.0       102,820   119,130
Louisiana .......:  1,250     1,370     54.0       50.0        50.0        67,500    68,500
                 :
Maryland ........:    495       495     51.0       48.0        50.0        25,245    24,750
Michigan ........:  2,270     2,290     42.5       46.0        49.0        96,475   112,210
Minnesota .......:  8,090     7,740     47.0       49.0        50.0       380,230   387,000
Mississippi .....:  2,170     2,180     53.0       53.0        53.0       115,010   115,540
Missouri ........:  5,910     5,730     49.0       45.0        47.0       289,590   269,310
Nebraska ........:  5,670     5,450     57.5       61.0        62.0       326,025   337,900
New Jersey ......:     99       118     45.0       40.0        40.0         4,455     4,720
New York ........:    265       266     45.0       47.0        49.0        11,925    13,034
North Carolina ..:  1,690     1,590     40.0       38.0        38.0        67,600    60,420
North Dakota ....:  7,050     6,550     34.0       38.0        36.0       239,700   235,800
                 :
Ohio ............:  5,090     4,940     49.5       56.0        58.0       251,955   286,520
Oklahoma ........:    640       640     29.0       30.0        31.0        18,560    19,840
Pennsylvania ....:    585       595     48.0       49.0        50.0        28,080    29,750
South Carolina ..:    390       410     38.0       37.0        32.0        14,820    13,120
South Dakota ....:  5,610     5,660     43.0       49.0        49.0       241,230   277,340
Tennessee .......:  1,660     1,720     50.0       49.0        51.0        83,000    87,720
Texas ...........:    185       140     37.0       33.0        34.0         6,845     4,760
Virginia ........:    590       610     44.0       43.0        43.0        25,960    26,230
Wisconsin .......:  2,140     2,290     47.0       50.0        50.0       100,580   114,500
                 :
Other States 1/ .:     40        40     47.0       48.8        48.2         1,880     1,926
                 :
United States ...: 89,522    88,862     49.1       51.6        52.8     4,391,553 4,693,135
-------------------------------------------------------------------------------------------
1/ Other States include Florida and West Virginia. Individual State level estimates will
   be published in the "Crop Production 2018 Summary."

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