USDA pegs soybean yield below 50 bu. per acre

USDA’s Oct. WASDE revealed an additional cut to the national soybean yield to 49.8 bu. per acre (bpa), while pre-report estimates averaged 50.5 bpa. The corn yield landed slightly above the average estimate at 171.9 bpa.

usda
usda
(USDA)

2022 U.S. Corn, Soybean and Cotton Production

Corn

Production
(bil. bu.)

Yield
(bu. per acre)

Harvested acres (mil.)

USDA

13.895

171.9

80.8

Average est.

13.855

171.8

NA

USDA September

13.944

172.5

80.844

Soybeans

Production
(bil. bu.)

Yield
(bu. per acre)

Harvested acres (mil.)

USDA

4.313
49.8
86.6

Average est.

4.381

50.5

NA

USDA September

4.378

50.5

86.631

Cotton

Production
(mil. bales)

Yield
(lbs. per acre)

Harvested acres (mil.)

USDA

13.81
842
7.88

Average est.

13.34

NA

NA

USDA September

13.832

843

7.876

U.S. Carryover

Corn – billion bushels

2021-22

2022-23

USDA

1.377

1.172

Average est.

NA

1.217

USDA September

1.525

1.124

Soybeans – million bushels

2021-22

2022-23

USDA

274

200

Average est.

NA

248

USDA September

240

245

Wheat – million bushels

2021-22

2022-23

USDA

669

576

Average est.

NA

554

USDA September

660

610

Cotton – million bales

2021-22

2022-23

USDA

3.75

2.80

Average est.

NA

2.46

USDA September

3.75

2.70

Global Carryover

Corn – MMT

2021-22

2022-23

USDA

307.01

301.19

Average est.

NA

301.44

USDA September

312.14

304.53

Soybeans – MMT

2021-22

2022-23

USDA

92.38

100.52

Average est.

NA

100.03

USDA September

89.70

98.92

Wheat – MMT

2021-22

2022-23

USDA

276.01

267.54

Average est.

NA

267.49

USDA September

275.67

268.57

Cotton – million bales

2021-22

2022-23

USDA

85.26

87.87

Average est.

NA

84.64

USDA September

84.79

84.75