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USDA: Corn and soybean production down in 2022

Corn and soybean stocks down from year earlier.


Production for both corn and soybeans declined from last year, according to the 2022 Crop Production Annual Summary released by the U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service.

  • Corn. U.S. corn growers produced 13.7 billion bushels, down 9% from 2021. Corn yield in the U.S. is estimated at 173.3 bushels/acre, 3.4 bushels below the 2021 record high yield of 176.7 bushels/acre. Area harvested for grain, at 79.2 million acres, is down 7% from 2021.
  • Soybeans. Soybean production for 2022 totaled 4.28 billion bushels, down 4% from 2021. The average soybean yield is estimated at 49.5 bushels/acre, 2.2 bushels below 2021, and 0.7 bushel below the November 1 forecast.

Winter wheat and canola seedings report

The Winter Wheat and Canola Seedings report provides the first indicator of this year’s winter wheat acreage.

Planted area for harvest in 2023 is estimated at 37 million acres, up 11% from 2022.

Grain Stocks reports

  • Corn. Corn stored as of December 1, 2022, was estimated to be down 7% from December 1, 2021. Corn stored in all positions totaled 10.8 billion bushels.
  • Soybeans. Soybean stocks were down 4% from a year earlier. Soybeans totaled 3.02 billion bushels.
  • Wheat. All wheat stocks were down 7% from a year earlier. All wheat stored in all positions on December 1, 2022, totaled 1.28 billion bushels.

In December, USDA noted in its WASDE report that U.S. corn stocks had risen as competition from other exporters and relatively high U.S. prices have resulted in slow sales and shipments through early December.

Read the full Crop Production 2022 Summary. The report contains year-end acreage, yield and production estimates for grains and hay; oilseeds; cotton, tobacco and sugar; dry beans, peas and lentils; and potatoes and miscellaneous crops.

The Crop Production report is published monthly and is available online here.

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