Sep 13, 2021
Reaction to September 2021 Crop Report
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
- 2021 U.S. corn planted acreage of 93.304 mac, up 612,000 from June Planted.
- 2021 U.S. corn harvested acreage of 85.085 mac (91.2% of planted), up 590,000 from June Planted.
- 2021 U.S. corn yield of 176.3 bu/ac, up1.7 bu/ac from August estimate.
- 2021 U.S. corn production of 14.996 billion bushels, up 246,000 from August estimate.
The USDA corn harvested acreage of 85.08 mac is slightly higher than the 84.9 mac I have been using, so I am now going to use a harvested acreage of 85.0 mac. The USDA corn yield of 176.3 bu/ac is 0.8 bu/ac above my estimate of 175.5 bu/ac. The weather during September is not turning out quite as good as what we thought several weeks ago. The warmer and dryer conditions during the first half of September are going to push along the corn maturity probably faster than you would like to see. Therefore, I am now going to use a corn yield of 176.0 bu.ac and a corn production of 14.96 billion bushels.
- 2021 U.S. soybean planted acreage of 87.235 mac, down 320,000 from June Planted.
- 2021 U.S. soybean harvested acreage of 86.436 mac, (99.1% of planted) down 284,000 from June Planted.
- 2021 U.S. soybean yield of 50.6 bu/ac, up 0.6 bu/ac from August estimate.
- 2021 U.S. soybean production of 4.373 billion bushels, up 35,000 from August estimate
The USDA soybean harvested acreage of 86.43 mac is 270,000 below my estimate. I don't think they will find any more soybean acres, so I am now going to use their harvested acreage of 86.43 mac. The USDA soybean yield of 50.6 bu/ac is 0.6 bu/ac above my estimate of 50.0 bu/ac. I am going to split the difference between our two yield estimates and use a soybean yield of 50.3 bu/ac. Therefore, the soybean production is now estimated at 4.34 billion bushels.