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Iowa Eyeing Highest Soybean Production on Record
Iowa Ag Connection - 10/12/2018

Iowa corn production is forecast at 2.60 billion bushels according to the latest USDA, National Agricultural Statistics Service -- Crop Production report. Based on conditions as of October 1, yields are expected to average 204 bushels per acre, down 2 bushels per acre from the September 1 forecast, but up 2 bushels per acre from last year. If realized, this will be highest yield on record, 1 bushel per acre above the record set in 2016. Corn planted acreage is estimated at 13.2 million acres. An estimated 12.8 million of the acres planted will be harvested for grain.

Soybean production is forecast at 606 million bushels. If realized, this will be the highest production on record with 39.8 million bushels more than the previous record of 567 million bushels set in 2017. The yield is forecast at 61.0 bushels per acre, up 1 bushel per acre from the September forecast, and 4 bushels per acre higher than 2017. If realized, this will be the highest yield on record surpassing the 60.0 bushels per acre in 2016. Soybean planted acreage is estimated at 10.0 million acres with 9.94 million acres to be harvested.

Production of alfalfa and alfalfa mixtures for hay is forecast at 3.15 million tons, an increase of 25 percent from the previous year. Yield is expected to average 3.80 tons per acre, up 0.30 ton from last year. Production of other hay is forecast at 888,000 tons, up 7 percent from last year. Yield for other hay is expected to average 2.40 tons per acre, up 0.10 ton from last year.

The forecasts in this report are based on October 1 conditions and do not reflect weather effects since that time. The next corn and soybean production forecasts, based on conditions as of November 1, will be released on November 8.

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