by Ben Nuelle
USDA released their final crop production report Thursday. They lowered corn and soybean production from last month estimates from last month but year totals set new records across the nation. Iowa produced the most corn in 2016 with 2.74B bu, yield 203bpa. The state was number two in beans behind Illinois with 571.7M bu, yielding 60.5bpa.
Corn for grain production is estimated at 15.1 billion bushels, down 1 percent from the November forecast but up 11 percent from the 2015 estimate. The average yield in the United States is estimated at 174.6 bushels per acre. This is down 0.7 bushel from the November forecast but 6.2 bushels above the 2015 average yield of 168.4 bushels per acre. Area harvested for grain is estimated at 86.7 million acres, down slightly from
the November forecast but up 7 percent from 2015.
Soybean production in 2016 totaled a record 4.31 billion bushels, down 1 percent from the November forecast but up 10 percent from 2015. The average yield per acre is estimated at a record high 52.1 bushels, 0.4 bushel below the November forecast but 4.1 bushels above the previous record yield in 2015. Harvested area is up 1 percent from last year to a record 82.7 million acres.
View the full report here.
