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Agricultural News

Farmers Report Record Drop in Soybean Yields

Wed, 04 Sep 2013 17:28:34 CDT

US farmers are reporting a lower nationwide bean yield. USDA estimated this year's crop at 42.6 bushels per acre in August. Allendale's Nationwide Producer Survey reveals a yield of 39.0 bushels per acre.


This represents the largest drop from USDA's August estimates to Allendale's Yield Survey in its 24 year history.


The Allendale Inc. Nationwide Producer Yield Survey suggests a projected US corn crop of 13.676 billion bushels and a soybean crop of 2.980 billion bushels. This estimate was based on producer calculated yields in 34 states. It was conducted from August 19-30.


Nationwide Yield Data
                                                                    Corn          Soybeans
2013 Survey Yield                                     153.4          39.0
2013 Survey Production                           13.676        2.980


Crop Development Data
                                                                     Corn          Soybeans
USDA August 12 Harvested Acres           89.135       76.378
USDA August 12 Yield                               154.4        42.6
USDA August 12 Production                     13.763       3.255



   

 

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