STAT Communications Ag Market News

Soybean Area Nearly Unchanged

WASHINGTON - Dec 31/23 - SNS -- Soybean growers intend to plant 87.5 million acres in 2023, up slightly from last year, according to the USDA's seeding intentions estimates.

Compared with last year, planted acreage intentions are up or unchanged in 15 of the 29 estimating States. Increases of 100,000 acres or more are anticipated in Minnesota, North Dakota, South Dakota, and Wisconsin.

These increases are balanced by decreases of 100,000 acres or more in Arkansas, Indiana, Kansas, Michigan, and Missouri. If realized, the planted area in Illinois, Nebraska, New York, Ohio, and Wisconsin will be the largest on record.


Soybean Area Planted - States and United States: 2021-2023
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                    :                                 Area planted
        State       :-------------------------------------------------------------------------------
                    :       2021        :       2022        :      2023 1/      :    Percent of
                    :                   :                   :                   :   previous year
----------------------------------------------------------------------------------------------------
                    :      ----------------- 1,000 acres ----------------              percent
                    :
Alabama ............:         310                 360                 380                106
Arkansas ...........:       3,040               3,180               3,050                 96
Delaware ...........:         155                 160                 150                 94
Georgia ............:         140                 165                 170                103
Illinois ...........:      10,600              10,800              10,800                100
Indiana ............:       5,650               5,850               5,600                 96
Iowa ...............:      10,100              10,100              10,100                100
Kansas .............:       4,850               5,050               4,600                 91
Kentucky ...........:       1,850               1,950               1,900                 97
Louisiana ..........:       1,080               1,260               1,170                 93
                    :
Maryland ...........:         490                 520                 530                102
Michigan ...........:       2,150               2,250               2,100                 93
Minnesota ..........:       7,650               7,450               7,550                101
Mississippi ........:       2,220               2,310               2,350                102
Missouri ...........:       5,700               6,100               6,000                 98
Nebraska ...........:       5,600               5,750               5,750                100
New Jersey .........:         100                 110                 100                 91
New York ...........:         325                 350                 355                101
North Carolina .....:       1,650               1,700               1,750                103
North Dakota .......:       7,250               5,700               6,550                115
                    :
Ohio ...............:       4,900               5,100               5,100                100
Oklahoma ...........:         580                 545                 500                 92
Pennsylvania .......:         600                 600                 590                 98
South Carolina .....:         395                 405                 430                106
South Dakota .......:       5,450               5,100               5,300                104
Tennessee ..........:       1,550               1,650               1,600                 97
Texas ..............:         110                 155                 150                 97
Virginia ...........:         600                 620                 580                 94
Wisconsin ..........:       2,100               2,160               2,300                106
                    :
United States ......:      87,195              87,450              87,505                100
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1/ Intended plantings in 2023 as indicated by reports from farmers.

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