STAT Communications Ag Market News

Soybean Crop Record Sustained

WASHINGTON - Feb 8/19 - SNS -- Last year's soybean harvest totalled a record 4.54 billion bushels, up 3% from 2017, according to the USDA's final crop report for 2018.

The average yield was estimated at 51.6 bushels per acre, 2.3 bushels above 2017, but 0.3 bushel below the record yield in 2016. Planted area for the Nation, 89.2 million acres, was down 1% from the 2017 planted acreage. Soybean growers harvested 88.1 million acres, down 2% from last year.

Record high yields occurred in Arkansas, Illinois, Indiana, Mississippi, New York, and Ohio.

The 2018 soybean objective yield survey data indicated that final average pod counts were higher than last year in the combined eleven objective yield States. Compared with final counts for 2017, pod counts were up in 8 of the 11 published States. An increase of more than 200 pods per 18 square feet from 2017's final pod count occurred in Illinois, Indiana, Iowa, Nebraska, Ohio, and South Dakota.

Soybeans for Beans Area Planted and Harvested, Yield, and Production - States and
United States: 2016-2018
---------------------------------------------------------------------------------------
               :           Area planted            :          Area harvested
     State     :-----------------------------------------------------------------------
               :   2016    :   2017    :   2018    :   2016    :   2017    :   2018
---------------------------------------------------------------------------------------
               :                              1,000 acres
               :
Alabama .......:     420         350         345         410         345         340
Arkansas ......:   3,130       3,530       3,280       3,090       3,500       3,240
Delaware ......:     165         160         170         163         158         168
Florida .......:      31          15          18          29          14          12
Georgia .......:     260         155         145         240         150         135
Illinois ......:  10,100      10,600      10,800      10,050      10,550      10,750
Indiana .......:   5,650       5,950       5,950       5,630       5,940       5,920
Iowa ..........:   9,500      10,000      10,000       9,440       9,940       9,910
Kansas ........:   4,050       5,150       4,750       4,010       5,110       4,700
Kentucky ......:   1,790       1,950       2,000       1,780       1,940       1,990
               :
Louisiana .....:   1,230       1,270       1,340       1,190       1,250       1,200
Maryland ......:     520         500         520         515         495         515
Michigan ......:   2,070       2,280       2,300       2,060       2,270       2,280
Minnesota .....:   7,550       8,150       7,800       7,490       8,090       7,710
Mississippi ...:   2,040       2,190       2,230       2,020       2,170       2,190
Missouri ......:   5,600       5,950       5,850       5,540       5,910       5,800
Nebraska ......:   5,200       5,700       5,700       5,150       5,670       5,650
New Jersey ....:     100         100         105          98          99         103
New York ......:     330         270         330         320         265         320
North Carolina :   1,690       1,700       1,650       1,660       1,690       1,570
               :
North Dakota ..:   6,050       7,100       6,900       5,990       7,050       6,860
Ohio ..........:   4,850       5,100       5,000       4,840       5,090       4,980
Oklahoma ......:     485         655         630         470         640         600
Pennsylvania ..:     600         610         640         595         605         630
South Carolina :     420         400         390         405         390         375
South Dakota ..:   5,200       5,650       5,650       5,170       5,610       5,580
Tennessee .....:   1,660       1,690       1,700       1,630       1,660       1,670
Texas .........:     165         210         175         145         185         135
Virginia ......:     610         600         600         600         590         590
West Virginia .:      27          27          28          26          26          27
Wisconsin .....:   1,960       2,150       2,200       1,950       2,140       2,160
               :
United States .:  83,453      90,162      89,196      82,706      89,542      88,110
---------------------------------------------------------------------------------------
                                                                            --continued
Soybeans for Beans Area Planted and Harvested, Yield, and Production - States and
United States: 2016-2018 (continued)
---------------------------------------------------------------------------------------
               :          Yield per acre           :            Production
     State     :-----------------------------------------------------------------------
               :   2016    :   2017    :   2018    :   2016    :   2017    :   2018
---------------------------------------------------------------------------------------
               :   ---------- bushels ---------      --------- 1,000 bushels ---------
               :
Alabama .......:   32.0        46.0        41.0         13,120      15,870      13,940
Arkansas ......:   47.0        51.0        51.0        145,230     178,500     165,240
Delaware ......:   41.5        51.0        42.0          6,765       8,058       7,056
Florida .......:   36.0        34.0        38.0          1,044         476         456
Georgia .......:   30.0        42.0        40.0          7,200       6,300       5,400
Illinois ......:   59.0        58.0        65.0        592,950     611,900     698,750
Indiana .......:   57.5        54.0        58.5        323,725     320,760     346,320
Iowa ..........:   60.0        57.0        57.0        566,400     566,580     564,870
Kansas ........:   48.0        37.5        43.5        192,480     191,625     204,450
Kentucky ......:   50.0        53.0        52.0         89,000     102,820     103,480
               :
Louisiana .....:   48.5        54.0        52.0         57,715      67,500      62,400
Maryland ......:   41.5        51.0        47.5         21,373      25,245      24,463
Michigan ......:   50.5        42.5        48.0        104,030      96,475     109,440
Minnesota .....:   52.0        47.5        50.5        389,480     384,275     389,355
Mississippi ...:   48.0        53.0        54.5         96,960     115,010     119,355
Missouri ......:   49.0        49.5        45.0        271,460     292,545     261,000
Nebraska ......:   61.0        57.5        59.0        314,150     326,025     333,350
New Jersey ....:   36.0        45.0        40.0          3,528       4,455       4,120
New York ......:   41.0        45.0        52.5         13,120      11,925      16,800
North Carolina :   35.0        40.0        34.0         58,100      67,600      53,380
               :
North Dakota ..:   41.5        34.5        35.5        248,585     243,225     243,530
Ohio ..........:   54.5        49.5        58.0        263,780     251,955     288,840
Oklahoma ......:   29.0        29.0        30.0         13,630      18,560      18,000
Pennsylvania ..:   44.0        48.0        45.0         26,180      29,040      28,350
South Carolina :   31.0        38.0        29.5         12,555      14,820      11,063
South Dakota ..:   49.5        43.0        46.0        255,915     241,230     256,680
Tennessee .....:   45.0        50.0        46.0         73,350      83,000      76,820
Texas .........:   31.0        37.0        32.0          4,495       6,845       4,320
Virginia ......:   36.0        44.0        43.0         21,600      25,960      25,370
West Virginia .:   51.0        54.0        53.5          1,326       1,404       1,445
Wisconsin .....:   55.0        47.5        49.0        107,250     101,650     105,840
               :
United States .:   51.9        49.3        51.6      4,296,496   4,411,633   4,543,883
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