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Agricultural News


Allendales Nationwide Producer Yield Survey Results

Wed, 02 Sep 2020 11:56:33 CDT

Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm projected the US corn crop at 14.980 billion bushels and a soybean crop of 4.311 billion bushels.

The 31st annual Nationwide Producer Yield Survey was conducted from August 17 - 28. The surveys were conducted direct by our brokers as well as via our website and social media platforms.

These estimates were based on producer calculated yields in 27 states. Ample surveys gave us the numbers needed to project yields in 12 states. This covers 87% of corn production and 85% of soybean production. For this survey, the smaller states were assumed using USDA's August 12 estimates. Harvested acres were assumed using USDA's August 12 estimates.

Allendale, Inc. 2020 Nationwide Yield Estimate
Corn Soybeans
2020 Survey Yield 178.28 51.93
2020 Survey Production* 14.980 4.311
*billion bushels


USDA August 12, 2020 Reported Estimates
Corn Soybeans
Harvested Acres 84.023 83.020
Yield 181.83 53.30
Production 15.278 4.425

To see the the graphs and pictures that go with this survey, click or tap below.



00116_Embargoed_-_2020_Yield_Survey_Release.pdf
   


For questions and comments on the survey, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.

 

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