The results are in! Here’s how harvest 2016 is holding up:
According to the September USDA crop production report, soybean production is setting a record this year with an estimated 4.20 billion bushels, up 3 percent from the August report and 7 percent from last year.
Cotton is also on the rise with total production of 16.1 million 480-pound bales projected, a 2 percent increase from August and a 25 percent leap from last year.
Corn production is forecast at 15.1 billion bushels, down less then one percent from the August report, but up 11 percent from last year. Based on conditions as of September 1, yields are expected to average 174.4 bushels per acre, down 0.7 bushel from the August forecast but up 6 bushels from 2015.
If achieved, this will be the highest yield and production on record for the United States. Area harvested for grain is forecast at 86.6 million acres, unchanged from the August forecast, but up 7 percent from 2015.
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