USDA Report Snapshot | August 12, 2022

USDA makes unexpected boost to U.S. soybean crop estimate, lowers corn crop more than expected.

•

August 12, 2022 11:33 AM

The following are highlights from USDA’s Crop Production and Supply and Demand reports today:

2022 U.S. Corn, Soybean and Cotton Production
Corn
	Production (bil. bu.)	Yield (bu. per acre)	Harvested acres (mil.)
USDA	14.359	175.4	81.840
Average est.	14.392	175.9	81.837
USDA July proj.	14.505	177.0	81.940

Soybeans
	Production (bil. bu.)	Yield (bu. per acre)	Harvested acres (mil.)
USDA	4.531	51.9	87.211
Average est.	4.481	51.1	87.724
USDA July proj.	4.505	51.5	87.511

Cotton
	Production (mil. bales)	Yield (lbs. per acre)	Harvested acres (mil.)
USDA	12.570	846	7.13
Average est.	14.75	NA	NA
USDA July proj.	15.50	870	8.55

U.S. Wheat Production

All wheat – billion bu.
USDA	1.783
Average est.	1.791
USDA July	1.781
USDA 2021	1.646

Winter wheat – billion bu.
USDA	1.198
Average est.	1.203
USDA July	1.201
USDA 2021	1.277

HRW wheat – million bu.
USDA	576
Average est.	585
USDA July	585
USDA 2021	749

SRW wheat – million bu.
USDA	381
Average est.	376
USDA July	376
USDA 2021	361

White winter wheat – million bu.
USDA	240
Average est.	242
USDA July	240
USDA 2021	167

Other spring wheat – million bu.
USDA	511
Average est.	510
USDA July	503
USDA 2021	331

Durum wheat – million bu.
USDA	74
Average est.	77
USDA July	77
USDA 2021	37

Report Reactions