US Producers Report Lower Yields for Corn and Soybeans


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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