USDA Report Snapshot: Corn yield jumps to 183.8 bu. per acre

On average, analysts expected a modest decline in corn yield from September, though USDA increased the figure 0.2 bu., with production now estimated at 15.203 billion bu. Soybean production was pegged at 4.582 billion bu., using a yield of 53.1 bu. per acre.

USDA
USDA Crop Production and WASDE Reports
(USDA )

U.S. Corn, Soybean and Cotton Production

Corn

Production (bil. bu.)

Yield(bu. per acre)

USDA

15.203

183.8

Average est.

15.155

183.4

USDA September

15.186

183.6

Soybeans

Production (bil. bu.)

Yield(bu. per acre)

USDA

4.58253.1

Average est.

4.579

53.1

USDA August

4.586

53.2

Cotton

Production (mil. bales)

Yield(lbs. per acre)

USDA

14.20789

Average est.

14.27

NA

USDA August

14.512

807


U.S. Carryover

Corn – billion bushels

2023-24

2024-25

USDA

1.760*

1.999

Average est.

NA

1.926

USDA September

1.812

2.057

*Set by Sept. 1 stocks

Soybeans – million bushels

2023-24

2024-25

USDA

342*

550

Average est.

NA

549

USDA September

340

550

*Set by Sept. 1 stocks

Wheat – million bushels

2023-24

2024-25

USDA

702

812

Average est.

NA

819

USDA September

702

828

Cotton – million bales

2023-24

2024-25

USDA

3.15

4.10

Average est.

NA

3.98

USDA September

3.15

4.00


Global Carryover

Corn – MMT

2023-24

2024-25

USDA

312.65

306.52

Average est.

NA

306.83

USDA September

309.63

308.35

Soybeans – MMT

2023-24

2024-25

USDA

112.37

134.65

Average est.

NA

134.53

USDA September

112.25

134.58

Wheat – MMT

2023-24

2024-25

USDA

266.18

257.72

Average est.

NA

256.14

USDA September

265.25

257.22

Cotton – million bales

2023-24

2024-25

USDA

75.20

76.33

Average est.

NA

76.34

USDA September

75.61

76.49