STAT Communications Ag Market News

Soybean Crop Down 19%

WASHINGTON - Aug 12/19 - SNS -- Soybean production for beans is forecast at 3.68 billion bushels, down 19% from 2018, according to the USDA's latest crop production report.

Based on conditions as of August 1, yields are expected to average 48.5 bushels per harvested acre, down 3.1 bushels from 2018

Area for harvest in the United States is forecast at 75.9 million acres, down 4% from the previous forecast and down 14% from 2018. Planted area for the Nation is estimated at 76.7 million acres, down 4% from the previous estimate.


Soybeans for Beans Area Harvested, Yield, and Production - States and United States: 2018
and Forecasted August 1, 2019
--------------------------------------------------------------------------------------------
                    :    Area harvested     :    Yield per acre     :      Production
        State       :-----------------------------------------------------------------------
                    :   2018    :   2019    :   2018    :   2019    :   2018    :   2019
--------------------------------------------------------------------------------------------
                    :  --- 1,000 acres --       ---- bushels ----     --- 1,000 bushels ---
                    :
Alabama ............:     340         275       41.0         44.0        13,940      12,100
Arkansas ...........:   3,240       2,650       51.0         51.0       165,240     135,150
Delaware ...........:     168         158       42.0         42.0         7,056       6,636
Florida 1/ .........:      12        (NA)       38.0         (NA)           456        (NA)
Georgia ............:     135         105       40.0         38.0         5,400       3,990
Illinois ...........:  10,750       9,940       65.0         55.0       698,750     546,700
Indiana ............:   5,920       5,370       58.5         50.0       346,320     268,500
Iowa ...............:   9,910       9,130       57.0         55.0       564,870     502,150
Kansas .............:   4,700       4,550       43.5         42.0       204,450     191,100
Kentucky ...........:   1,990       1,690       52.0         53.0       103,480      89,570
                    :
Louisiana ..........:   1,200         870       52.0         51.0        62,400      44,370
Maryland ...........:     515         505       47.5         48.0        24,463      24,240
Michigan ...........:   2,280       1,720       48.0         45.0       109,440      77,400
Minnesota ..........:   7,710       6,820       50.5         46.0       389,355     313,720
Mississippi ........:   2,190       1,670       54.5         53.0       119,355      88,510
Missouri ...........:   5,800       5,030       45.0         45.0       261,000     226,350
Nebraska ...........:   5,650       4,950       59.0         58.0       333,350     287,100
New Jersey .........:     103          98       40.0         42.0         4,120       4,116
New York ...........:     320         235       52.5         45.0        16,800      10,575
North Carolina .....:   1,570       1,530       34.0         38.0        53,380      58,140
                    :
North Dakota .......:   6,860       5,650       35.5         35.0       243,530     197,750
Ohio ...............:   4,980       4,170       58.0         48.0       288,840     200,160
Oklahoma ...........:     600         430       30.0         26.0        18,000      11,180
Pennsylvania .......:     630         625       45.0         48.0        28,350      30,000
South Carolina .....:     375         340       29.5         31.0        11,063      10,540
South Dakota .......:   5,580       3,460       46.0         45.0       256,680     155,700
Tennessee ..........:   1,670       1,470       46.0         50.0        76,820      73,500
Texas ..............:     135          85       32.0         38.0         4,320       3,230
Virginia ...........:     590         560       43.0         43.0        25,370      24,080
West Virginia 1/ ...:      27        (NA)       53.5         (NA)         1,445        (NA)
Wisconsin ..........:   2,160       1,780       49.0         47.0       105,840      83,660
                    :
United States ......:  88,110      75,866       51.6         48.5     4,543,883   3,680,217
--------------------------------------------------------------------------------------------
(NA) Not available.
1/   Estimates discontinued in 2019.

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