According to the USDA National Agricultural Statistics Service (NASS), Nebraska's corn and soybean outputs are set to rise this year. NASS shared forecasts in August indicate corn production could reach 1.685 billion bushels, a 16% increase from last year.
Soybeans are expected to yield 58 bushels per acre, a 13.6% increase from last year's 49 bushels. Total soybean production could reach 316.1 million bushels, but they still don't surpass 2021 records, which were 1.855 billion bushels for corn and 351 million bushels for soybeans.
Corn production could touch 15.1 billion bushels (a 10% increase). Soybean production might see a slight decline, with predictions placing it at 4.21 billion bushels, 2% less than before.
NASS’s past August yield estimates for Nebraska's corn and soybeans have been impressively accurate. Their past forecasts have generally been close to the mark, with only minor deviations.
NASS predicts a significant increase in corn and soybean yields this year, along with growth in other Nebraska crops like sorghum and alfalfa hay. Lower crop prices and rising costs may result in lower revenues for producers, causing income to drop.
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Categories: Nebraska, Crops, Corn, Soybeans