2020 Crop Below Market Expectations

Final 2020 crop numbers from USDA put the overall corn crop at 14.2 billion bushels and soybeans at 4.14 billion bushels, both below trade expectations.

Corn loading
Corn loading
(Farm Journal)

From USDA:

Crop

Production

2020 Summary

January 2021

Corn for grain production in 2020 was estimated at 14.2 billion bushels, up 4 percent from the 2019 estimate. The average yield in the United States was estimated at 172.0 bushels per acre, 4.5 bushels above the 2019 yield of 167.5 bushels per acre. Area harvested for grain was estimated at 82.5 million acres, up 1 percent from the 2019 estimate.

Sorghum: Grain production in 2020 was estimated at 373 million bushels, up 9 percent from the 2019 total. Planted area for 2020 was estimated at 5.88 million acres, up 12 percent from the previous year. Area harvested for grain, at 5.10 million acres, was up 9 percent from 2019. Grain yield was estimated at 73.2 bushels per acre, up 0.2 bushel from 2019.

Rice: Production in 2020 totaled 228 million cwt, up 23 percent from the 2019 total. Planted area for 2020 was estimated at 3.04 million acres, up 19 percent from 2019. Area harvested, at 2.99 million acres, was up 21 percent from the previous crop year. The average yield for all United States rice was estimated at 7,619 pounds per acre, up 146 pounds from the 2019 average yield of 7,473 pounds per acre.

Soybean production in 2020 totaled 4.14 billion bushels, up 16 percent from 2019. The average yield per acre was estimated at 50.2 bushels, up 2.8 bushels from 2019. Harvested area was up 10 percent from 2019 to 82.3 million acres.

All cotton production is estimated at 15.0 million 480-pound bales, down 25 percent from 2019. The United States yield is estimated at 825 pounds per acre, up 2 pounds from last year. Harvested area, at 8.70 million acres, is down 25 percent from last year.

This report was approved on January 12, 2021.

Secretary of

Agriculture

Sonny Perdue

Agricultural Statistics Board

Chairperson

Joseph L. Parsons

AgWeb-Logo crop
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