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USDA Releases Latest Crop Production Figures
USAgNet - 11/11/2019

Corn production for grain is forecast at 13.7 billion bushels, down 1 percent from the previous forecast and down 5 percent from last year. Based on conditions as of November 1, yields are expected to average 167.0 bushels per harvested acre, down 1.4 bushels from the previous forecast and down 9.4 bushels from 2018. Area harvested for grain is forecast at 81.8 million acres, unchanged from the previous forecast but up slightly from 2018.

Soybean production for beans is forecast at 3.55 billion bushels, down slightly from the previous forecast and down 20 percent from last year. Based on conditions as of November 1, yields are expected to average 46.9 bushels per acre, unchanged from the previous forecast but down 3.7 bushels from 2018. Area harvested for beans in the United States is forecast at 75.6 million acres, unchanged from the previous forecast but down 14 percent from 2018.

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