Larger Cotton, But Smaller Corn and Soybean Crops

WASHINGTON, DC – USDA released their monthly Crop Report on Tuesday, providing a late-season glance at the projected size of the corn, cotton and soybean crops.

Corn production for grain is forecast at 14.5 billion bushels, down 1 percent from the previous forecast but up 7 percent from 2019.
Based on conditions as of November 1, yields are expected to average 175.8 bushels per harvested acre, down 2.6 bushels from the previous forecast but up 8.3 bushels from last year.
Area harvested for grain is forecast at 82.5 million acres, unchanged from the previous forecast, but up 1 percent from the previous year.

Soybean production for beans is forecast at 4.17 billion bushels, down 2 percent from the previous forecast but up 17 percent from last year.
Based on conditions as of November 1, yields are expected to average 50.7 bushels per harvested acre, down 1.2 bushels from the previous forecast but up 3.3 bushels from 2019.
Area harvested for beans in the United States is forecast at 82.3 million acres, unchanged from the previous forecast but up 10 percent from 2019.

All cotton production is forecast at 17.1 million 480-pound bales, up less than 1 percent from the previous forecast but down 14 percent from 2019.
Based on conditions as of November 1, yields are expected to average 911 pounds per harvested acre, up 2 pounds from the previous forecast and up 88 pounds from 2019.
Upland cotton production is forecast at 16.5 million 480-pound bales, up less than 1 percent from the previous forecast but down 14 percent from 2019.
Pima cotton production is forecast at 557,000 bales, up 2 percent from the previous forecast but down 19 percent from 2019.
All cotton area harvested is forecast at 9.01 million acres, unchanged from the previous forecast, but down 22 percent from 2019.
(SOURCE: All Ag News)