Farms.com Home   News

New USDA Harvest Projections Down from 2018

Based on November 1 conditions, Nebraska's 2019 corn crop is forecast at 1.77 billion bushels, down 1% from last year's production, according to the USDA's National Agricultural Statistics Service. Area to be harvested for grain, at 9.75 million acres, is up 5% from a year ago. Yield is forecast at 182 bushels per acre,
down 10 bushels from last year.
 
Soybean production is forecast at 282 million bushels, down 13% from last year. Area for harvest, at 4.95 million acres, is 11% below 2018. Yield is forecast at 57 bushels per acre, down 1 bushel from last year.
 
Sorghum production is forecast at 13.7 million bushels, down 14% from last year. Area for harvest, at 140,000 acres, is 18% below 2018. Yield is forecast at 98 bushels per acre, up 4 bushels from last year.
 
Sugarbeet production is forecast at 1.21 million tons, down 14% from last year. Area for harvest, at 43,600 acres, is down 1% from 2018. Yield is forecast at 27.8 tons per acre, down 4.1 tons from last year.
 
Potato acres of 20,000 were planted in 2019, up 3% from last year. Harvested acreage set at 19,700 acres, is up 2% from last year. Production is forecast at 9.26 million cwt, down slightly from last year. Yield is forecast at 470 cwt per acre, down 10 cwt from last year.
 
Source : unl.edu

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.