On Wednesday, USDA released updated crop production reports and grain stocks reports. In addition, USDA released an updated Cotton Ginnings Report. The production reports offered final estimates for the 2021 crop year for yield and production.
More below:
Additional analysis:
Arkansas production report summary:
Arkansas corn area harvested is 830,000, up 37 percent from 2020. The average yield is estimated at 184 bushels per acre, unchanged from last year. Production totaled 153 million bushels, up 37 percent from 2020.
Upland cotton harvested acres is 475,000, down 9 percent from 2020. The yield is expected to average 1,263 pounds per harvested acre, up 84 pounds from last year. Production is estimated at 1.25 million bales, down 2 percent from 2020.
Area harvested for peanuts is 35,000 acres, down 8 percent from 2020. The average yield is estimated at 5,000 pounds per acre, up 200 pounds from last year. Production totaled 175 million pounds, down 4 percent from 2020.
All rice acres harvested is 1.19 million acres, down 17 percent from 2020. The all rice yield for is estimated at
7,630 pounds per acre, up 130 pounds from last year. Production totaled 91.1 million hundredweight, down 16 percent from 2020.
Soybean area harvested is 3.01 million acres, up 8 percent from 2020. The average yield is estimated at 51 bushels per acre, down 0.5 bushel from last year. Production totaled 154 million bushels, up 6 percent from 2020.
Area seeded to winter wheat for 2022 is forecasted down 19 percent from the previous year to 170,000 acres.