US Producers Report Lower Yields for Corn and Soybeans August 31, 2022
Allendale, Inc. releases results of the annual Nationwide Producer Yield Survey:
US Producers Report Lower Yields for Corn and Soybeans
CHICAGO, IL. (August 31, 2022) – Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm projected the US corn crop at 14.108 billion bushels and a soybean crop of 4.435 billion bushels.
The 33rd annual Nationwide Producer Yield Survey was conducted from August 15 – 28. The surveys were conducted direct by our brokers as well as via our website and social media platforms.
These estimates were based on producer calculated yields in 26 states. Ample surveys gave us the numbers needed to project yields in 12 states. This covers 86% of corn production and 83% of soybean production. For this survey, the smaller states were assumed using USDA’s August 12 estimates. Harvested acres were assumed using USDA’s August 12 estimates.
|
Allendale, Inc. 2022 Nationwide Yield Estimate |
||
|
|
Corn |
Soybeans |
|
2022 Survey Yield |
172.39 |
50.86 |
|
2022 Survey Production* |
14.108 |
4.435 |
*billion bushels
|
USDA August 12, 2022 Reported Estimates |
||
|
|
Corn |
Soybeans |
|
Harvested Acres |
81.840 |
87.211 |
|
Yield |
175.45 |
51.95 |
|
Production |
14.359 |
4.531 |
|
Allendale, Inc. 2022 Yield Survey State-by-State Breakdown |
||||||
|
|
Corn |
Soybeans |
||||
|
|
2021 |
USDA Aug 2022 |
ALDL 2022 |
2021 |
USDA Aug 2022 |
ALDL 2022 |
|
Iowa |
205 |
205 |
198 |
62 |
58 |
56 |
|
Illinois |
202 |
203 |
201 |
64 |
66 |
64 |
|
Nebraska |
194 |
181 |
175 |
63 |
55 |
53 |
|
Minnesota |
178 |
193 |
190 |
47 |
50 |
50 |
|
Indiana |
195 |
189 |
185 |
59.5 |
60 |
57 |
|
South Dakota |
135 |
147 |
145 |
40 |
43 |
40 |
|
Kansas |
139 |
123 |
126 |
39.5 |
40 |
40 |
|
Ohio |
193 |
190 |
186 |
56.5 |
57 |
55 |
|
Wisconsin |
180 |
185 |
186 |
55 |
52 |
54 |
|
North Dakota |
105 |
145 |
140 |
25.5 |
35 |
35 |
|
Missouri |
160 |
153 |
151 |
49 |
49 |
51 |
|
Michigan |
174 |
170 |
166 |
51 |
47 |
47 |
|
|
|
|
|
|
|
|
|
US TOTAL |
177.02 |
175.45 |
172.39 |
51.37 |
51.95 |
50.86 |
|
Production |
14.182 |
14.359 |
14.108 |
4.435 |
4.531 |
4.435 |
For questions and comments on the survey, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.
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