Soybean yield pegged a bushel lower than average estimate
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2022 U.S. Corn, Soybean and Cotton Production |
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|
Corn |
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|
Production |
Yield |
Harvested acres (mil.) |
|
|
USDA |
13.944 |
172.5 |
80.8 |
|
Average est. |
14.088 |
172.5 |
81.686 |
|
USDA August |
14.359 |
175.4 |
81.840 |
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Soybeans |
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|
|
Production |
Yield |
Harvested acres (mil.) |
|
USDA |
4.378 |
50.5 |
86.6 |
|
Average est. |
4.496 |
51.5 |
87.288 |
|
USDA August |
4.531 |
51.9 |
87.211 |
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Cotton |
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|
Production |
Yield |
Harvested acres (mil.) |
|
|
USDA |
13.83 |
843 |
7.88 |
|
Average est. |
12.770 |
NA |
NA |
|
USDA August |
12.570 |
846 |
7.13 |
|
U.S. Carryover |
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|
Corn – billion bushels |
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|
2021-22 |
2022-23 |
|
|
USDA |
1.525 |
1.219 |
|
Average est. |
1.547 |
1.217 |
|
USDA August |
1.530 |
1.388 |
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Soybeans – million bushels |
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|
2021-22 |
2022-23 |
|
|
USDA |
240 |
200 |
|
Average est. |
236 |
247 |
|
USDA August |
225 |
245 |
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Wheat – million bushels |
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|
2021-22 |
2022-23 |
|
|
USDA |
660 |
610 |
|
Average est. |
NA |
618 |
|
USDA August |
660 |
610 |
|
Cotton – million bales |
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|
2021-22 |
2022-23 |
|
|
USDA |
3.75 |
2.70 |
|
Average est. |
NA |
1.86 |
|
USDA August |
3.50 |
1.80 |
|
Global Carryover |
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|
Corn – MMT |
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|
|
2021-22 |
2022-23 |
|
USDA |
312.14 |
306.68 |
|
Average est. |
NA |
302.29 |
|
USDA August |
311.84 |
306.68 |
|
Soybeans – MMT |
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|
|
2021-22 |
2022-23 |
|
USDA |
89.7 |
101.41 |
|
Average est. |
NA |
101.19 |
|
USDA August |
89.73 |
101.41 |
|
Wheat – MMT |
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|
|
2021-22 |
2022-23 |
|
USDA |
275.67 |
267.34 |
|
Average est. |
NA |
268.10 |
|
USDA August |
276.35 |
267.34 |
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Cotton – million bales |
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|
|
2021-22 |
2022-23 |
|
USDA |
84.79 |
82.77 |
|
Average est. |
NA |
82.56 |
|
USDA August |
84.72 |
82.77 |
