USDA Sees Record 2014 Soybean Production
Corn for grain production is estimated at a record 14.2 billion bushels, down 1 percent from the November forecast but 3 percent above the revised 2013 estimate. The average yield in the United States is estimated at a record high of 171.0 bushels per acre. This is down 2.4 bushels from the November forecast but 12.9 bushels above the revised 2013 average yield of 158.1 bushels per acre. Area harvested for grain is estimated at 83.1 million acres, up slightly from the November forecast but down 5 percent from the revised 2013 acreage.
Sorghum grain production in 2014 is estimated at 433 million bushels, up 6 percent from the November forecast and up 11 percent from the revised 2013 grain production total. Planted area is estimated at 7.14 million acres, down 11 percent from last year’s revised planted acres. Area harvested for grain, at 6.40 million acres, is down 2 percent from the 2013 revised harvested acres. Average grain yield, at 67.6 bushels per acre, is up 1.5 bushels from the previous forecast and up 8.0 bushels from last year.
Soybean production in 2014 totaled a record 3.97 billion bushels, up slightly from the November forecast and up 18 percent from 2013. The average yield per acre is estimated at a record high 47.8 bushels, 0.3 bushel above the November forecast and 3.8 bushels above the 2013 yield. Harvested area is up 9 percent from 2013 to 83.1 million acres and is the highest on record.