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USDA Releases Multiple Reports Producers Have Been Waiting For

Feb 12, 2019 at 09:19 AM CST

Corn for 2018 was estimated at 14.4 billion bushels. That's down 1% from 2017. The average yields were also lowered for last year at 176.4 bushels per acre. That's slightly below the 2017 record yield of 176.6 bushels per acre. Soybeans for last year totaled 4.54 billion bushels. That's up 3% from the previous year. The average yield per acre was 51.6 bushels. That's up 2.3 bushels from 2017, but down from USDA's last guess, based on yield reductions for North Dakota, South Dakota and Nebraska. Despite all the anticipation surrounding these reports, experts say there are not a lot of surprises in these numbers. AgDay's Clinton Giffiths talked on Facebook live with Joe Vaclavik of Standard Grain. You can hear more of that interview below. To read the complete 2018 Crop Production report click here.