Little change in latest crop production forecast

DES MOINES — Iowa corn production is forecast at 2.52 billion bushels according to the latest USDA, National Agricultural Statistics Service — Crop Production report. Based on conditions as of Nov. 1, yields are expected to average 200.0 bushels per acre, up 1.0 bushel per acre from the Oct. 1 forecast but unchanged from last year. Corn planted acreage is estimated at 13.1 million acres, with an estimated 12.6 million acres to be harvested for grain.

Soybean production is forecast at 572 million bushels. The yield is forecast at 58.0 bushels per acre, unchanged from the October forecast but down 0.5 bushels per acre from 2022. Soybean planted acreage is estimated at 9.95 million acres with 9.87 million acres to be harvested.

The forecasts in this report are based on Nov. 1 conditions and do not reflect weather effects since that time. The next corn and soybean production estimates will be published in the Crop Production — Annual Summary report which will be released Jan. 12, 2024.

Nationwide, corn production for grain is forecast at a record high 15.2 billion bushels, up 1% from the previous forecast and up 11% from 2022. Based on conditions as of Nov. 1, yields are expected to average 174.9 bushels per harvested acre, up 1.9 bushels from the previous forecast and up 1.5 bushels from last year. Area harvested for grain, forecast at 87.1 million acres, is unchanged from the previous forecast but up 10% from the last year.

Soybean production for beans is forecast at 4.13 billion bushels, up 1% from the previous forecast but down 3% from last year. Based on conditions as of Nov. 1, yields are expected to average 49.9 bushels per acre, up 0.3 bushel from both the previous forecast and 2022. Area harvested for beans in the United States is forecast at 82.8 million acres, unchanged from the previous forecast but down 4% from 2022.

Comments: Kalen.McCain@southeastiowaunion.com