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US Corn, Soybean, and Cotton Production Forecast Higher

Cindy Zimmerman Leave a Comment

Corn, soybean, and cotton production is up from 2020, according to the latest Crop Production report issued Friday by USDA’s National Agricultural Statistics Service (NASS).

According to the report, corn production is up 6% from last year, forecast at 15.0 billion bushels; soybean growers are expected to increase their production 6% from 2020, forecast at 4.37 billion bushels; and cotton production is up 27% from 2020 at 18.5 million 480-pound bales.

The average U.S. corn yield is forecast at 176.3 bushels per acre, up 1.7 bushels from last month’s forecast and up 4.3 bushels from last year. NASS forecasts record high yields in California, Illinois, Indiana, Kentucky, Michigan, New York, North Carolina, Ohio, Oklahoma, and Pennsylvania. Acres planted to corn, at 93.3 million, are up 3% from 2020. Area to be harvested for grain is forecast at 85.1 million acres, up 1% from last month and 3% more than was harvested last year. As of Aug. 29, 60% of this year’s corn crop was reported in good or excellent condition, 2 percentage points below the same time last year.

Area for soybean harvest is forecast at 86.4 million acres, down less than 1% from last month but 5% more than was harvested last year. Planted area for the nation, estimated at 87.2 million acres, is up 5% from last year. Soybean yields are expected to average 50.6 bushels per acre, up 0.6 bushel from last month’s forecast and up 0.4 bushel from 2020. If realized, the forecasted yields in Illinois, Indiana, Kentucky, Maryland, Mississippi, Missouri, New York, Ohio, Pennsylvania, and Virginia will be record high.

NASS forecasts all cotton area to be harvested at 9.92 million acres, 4% below last month’s forecast but 20% more acres than were harvested last season. Yield is expected to average 895 pounds per harvested acre, up 95 pounds from last month’s forecast and up 48 pounds from 2020. Area planted to all cotton is estimated at 11.2 million acres, down 7% from last year.

Corn, Cotton, Soybean, USDA

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