STAT Communications Ag Market News

Modest Drop In Soybean Yields

WASHINGTON - Oct 9/20 - SNS -- Soybean production for beans is forecast at 4.27 billion bushels, down 1% from the previous forecast but up 20% from last year, according to the USDA's latest crop production estimate.

Based on conditions as of October 1, yields are expected to average a record high 51.9 bushels per harvested acre, unchanged from the previous forecast but up 4.5 bushels from 2019.

Area harvested for beans in the United States is forecast at 82.3 million acres, down 1% from the previous forecast but up 10% from 2019. Acreage updates were made in several States based on a thorough review of all available data.

The October 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 2019, pod counts are up in 10 of the 11 published states. Illinois showed the greatest increase, up 524 pods per 18 square feet from the previous year.

Soybeans for Beans Area Planted and Harvested - States and United States: 2019 and 2020
[Includes updates to planted and harvested area previously published]
------------------------------------------------------------------------------------------
                  :           Area planted            :          Area harvested
       State      :-----------------------------------------------------------------------
                  :      2019       :      2020       :      2019       :     2020 1/
------------------------------------------------------------------------------------------
                  :                              1,000 acres
                  :
Alabama ..........:        265               280               260               275
Arkansas .........:      2,650             2,820             2,610             2,780
Delaware .........:        155               150               153               148
Georgia ..........:        100               100                86                93
Illinois .........:      9,950            10,300             9,860            10,250
Indiana ..........:      5,400             5,700             5,360             5,680
Iowa .............:      9,200             9,400             9,120             9,320
Kansas ...........:      4,550             4,800             4,490             4,750
Kentucky .........:      1,700             1,850             1,690             1,840
Louisiana ........:        890             1,050               860             1,020
                  :
Maryland .........:        480               490               475               485
Michigan .........:      1,760             2,200             1,720             2,190
Minnesota ........:      6,850             7,400             6,770             7,330
Mississippi ......:      1,660             2,090             1,630             2,060
Missouri .........:      5,100             5,850             5,010             5,780
Nebraska .........:      4,900             5,200             4,840             5,150
New Jersey .......:         95                95                92                93
New York .........:        235               310               225               300
North Carolina ...:      1,540             1,600             1,520             1,570
North Dakota .....:      5,600             5,750             5,400             5,700
                  :
Ohio .............:      4,300             4,900             4,270             4,880
Oklahoma .........:        465               560               440               530
Pennsylvania .....:        620               610               610               605
South Carolina ...:        335               310               315               295
South Dakota .....:      3,500             4,950             3,440             4,900
Tennessee ........:      1,400             1,650             1,370             1,620
Texas ............:         80               120                73               105
Virginia .........:        570               570               560               560
Wisconsin ........:      1,750             2,000             1,690             1,980
                  :
United States ....:     76,100            83,105            74,939            82,289
------------------------------------------------------------------------------------------
1/ Forecasted.
Soybeans for Beans Area Harvested, Yield, and Production - States and United States: 2019
and Forecasted October 1, 2020
-------------------------------------------------------------------------------------------
                 :  Area harvested   :         Yield per acre          :    Production
                 :-------------------------------------------------------------------------
      State      :         :         :         :         2020          :         :
                 :  2019   :  2020   :  2019   :-----------------------:  2019   :  2020
                 :         :         :         :September 1: October 1 :         :
-------------------------------------------------------------------------------------------
                 :    1,000 acres       --------- bushels ---------     -- 1,000 bushels --
                 :
Alabama .........:    260       275     36.0       38.0        41.0         9,360    11,275
Arkansas ........:  2,610     2,780     49.0       49.0        49.0       127,890   136,220
Delaware ........:    153       148     47.0       47.0        47.0         7,191     6,956
Georgia .........:     86        93     29.0       40.0        39.0         2,494     3,627
Illinois ........:  9,860    10,250     54.0       62.0        60.0       532,440   615,000
Indiana .........:  5,360     5,680     51.0       60.0        60.0       273,360   340,800
Iowa ............:  9,120     9,320     55.0       54.0        56.0       501,600   521,920
Kansas ..........:  4,490     4,750     41.5       44.0        44.0       186,335   209,000
Kentucky ........:  1,690     1,840     46.0       55.0        55.0        77,740   101,200
Louisiana .......:    860     1,020     48.0       55.0        55.0        41,280    56,100
                 :
Maryland ........:    475       485     44.0       49.0        48.0        20,900    23,280
Michigan ........:  1,720     2,190     40.5       48.0        48.0        69,660   105,120
Minnesota .......:  6,770     7,330     44.0       52.0        52.0       297,880   381,160
Mississippi .....:  1,630     2,060     50.0       53.0        53.0        81,500   109,180
Missouri ........:  5,010     5,780     46.0       51.0        50.0       230,460   289,000
Nebraska ........:  4,840     5,150     58.5       60.0        60.0       283,140   309,000
New Jersey ......:     92        93     37.0       41.0        39.0         3,404     3,627
New York ........:    225       300     48.0       49.0        50.0        10,800    15,000
North Carolina ..:  1,520     1,570     35.0       38.0        38.0        53,200    59,660
North Dakota ....:  5,400     5,700     31.5       36.0        34.0       170,100   193,800
                 :
Ohio ............:  4,270     4,880     49.0       56.0        56.0       209,230   273,280
Oklahoma ........:    440       530     29.0       30.0        29.0        12,760    15,370
Pennsylvania ....:    610       605     49.0       49.0        49.0        29,890    29,645
South Carolina ..:    315       295     26.0       30.0        32.0         8,190     9,440
South Dakota ....:  3,440     4,900     42.5       48.0        48.0       146,200   235,200
Tennessee .......:  1,370     1,620     47.0       50.0        48.0        64,390    77,760
Texas ...........:     73       105     28.0       37.0        42.0         2,044     4,410
Virginia ........:    560       560     34.0       39.0        41.0        19,040    22,960
Wisconsin .......:  1,690     1,980     47.0       54.0        55.0        79,430   108,900
                 :
United States ...: 74,939    82,289     47.4       51.9        51.9     3,551,908 4,267,890
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