U.S. corn production is forecast to jump 13% this year while soybean production will likely decrease despite record yields for both crops, according to The World Agricultural Supply and Demand Estimates (WASDE) report released by the U.S. Department of Agriculture.
The National Agricultural Statistics Service (NASS) projects corn production at 16.7 billion bushels with a record average yield of 188.8 bushels per acre, up 9.5 bushels from last year. Eleven states, including major producers Iowa, Illinois and Indiana, are expected to see record high yields. About 73% of this year’s corn crop was rated in good or excellent condition as of Aug. 3.
Soybean production is forecast at 4.29 billion bushels, down 2% from 2024, despite an expected record yield of 53.6 bushels per acre. Twelve states are projected to achieve record soybean yields if current conditions hold.
Wheat production is forecast at 1.93 billion bushels, down 2% from last year, while cotton production is expected to decline 8% to 13.2 million 480-pound bales.
NASS interviewed approximately 14,900 producers nationwide for the report. The agency will conduct its September Agricultural Survey during the first two weeks of September to collect final production information.
