New Crop Forecast Predicts Record Year for Soybean Production
Wisconsin Ag Connection - 09/14/2018
New estimates from the USDA are showing that Wisconsin farmers may bring in a record harvest from their soybean fields this fall. According to the latest crop production forecast, state soybean production will likely total 115 million bushels. If realized, this will
be the highest production on record with 7.25 million bushels more than the previous record of 107 million bushels set in 2016. The soybean yield is forecast at 50 bushels per acre, which is unchanged from the August 1 forecast and three bushels above 2017.
Soybean acreage will also set a new record this year at 2.3 million acres.
State corn production is projected to be around 537 million bushels. That would be Wisconsin's second largest corn production of all time, trailing the 2016 harvest of 573 million bushels. Based on conditions as of September 1, yields are expected to average a
record 179 bushels per acre--an increase of two bushels per acre from last month's summary and five bushels per acre more than last year. If realized, this will be the highest yield on record surpassing the 178 bushels per acre in 2016. An estimated 3.0 million
acres will be harvested for grain this fall.
The next crop production forecasts will be released on October 11.