Report snapshot: corn, soybean yield trimmed from July

USDA cut corn yield by 2.4 bu. to 175.1, while soybean yield was lowered by 1.1 bu. to 50.9 bu. per acre. Soybean ending stocks were pegged at 245 million bu., less than the avg pre-report estimate, while corn was above.

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August 11, 2023 11:20 AM

U.S. Corn, Soybean and Cotton Production
Corn
	Production (bil. bu.)	Yield (bu. per acre)
USDA	15.111	175.1
Average est.	15.135	175.5
USDA July proj.	15.320	177.5

Soybeans
	Production (bil. bu.)	Yield (bu. per acre)
USDA	4.205	50.9
Average est.	4.246	51.3
USDA July proj.	4.300	52.0

Cotton
	Production (mil. bales)	Yield (lbs. per acre)
USDA	13.99	779
Average est.	15.78	NA
USDA July proj.	16.50	831

U.S. Wheat Production

All wheat – billion bu.
USDA	1.730
Average est.	1.739
USDA July	1.739
USDA 2022	1.650

Winter wheat – billion bu.
USDA	1.230
Average est.	1.209
USDA July	1.206
USDA 2022	1.104

HRW wheat – million bu.
USDA	585
Average est.	578
USDA July	577
USDA 2022	531

SRW wheat – million bu.
USDA	440
Average est.	425
USDA July	422
USDA 2022	337

White winter wheat – million bu.
USDA	202
Average est.	206
USDA July	207
USDA 2022	236

Other spring wheat – million bu.
USDA	450
Average est.	477
USDA July	479
USDA 2022	482

Durum wheat – million bu.
USDA	57.4
Average est.	55
USDA July	54
USDA 2022	64

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