USDA is estimating U.S. soybean production at 3.6 billion bushels, down 165 million bushels on lower harvested area. That’s on a soybean yield of 48.5 bushels per acre, unchanged from last month. Soybean planted acres are projected at 76.7 million, with harvested area forecast at 75.9 million acres. That’s down 3.4 million from the June acreage report. USDA says Ohio and South Dakota both had large reductions and these states account for almost half of national production.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.