Farms.com Home  › News

2024 Oklahoma crop report - Wheat steady, cotton surges

Aug 13, 2024
By Farms.com

August updates show Oklahoma's cotton doubles, wheat stable

 

The latest crop production figures from Oklahoma reveal a mixed agricultural landscape in 2024. According to the August USDA report, Oklahoma's winter wheat production remains stable compared to 2023, with farmers harvesting 2.7 million acres yielding 39 bushels per acre. This results in production of 105.3 million bushels, marking a 54% increase over the previous year.

Contrastingly, Oklahoma's cotton production shows remarkable growth. The 2024 forecast predicts 430 thousand bales, a 105% surge from 2023. This is attributed to improved yield averages of 655 pounds per acre and increased acreage of 315 thousand acres.

In neighboring Texas, cotton also shows significant growth, while wheat production drops slightly. Kansas, a major player in wheat production, reports a 56% increase in its crop yield.

The report also touches on other crops: Oklahoma's soybean production is expected to rise by 28%, while corn shows a modest 9% increase. Sorghum, however, is set to decrease by 27% due to lower yield and reduced harvested acres.

Additionally, Oklahoma is set to experience a 21% reduction in hay production in 2024, impacting the state’s ranking in the U.S. hay market.

These statistics reflect the dynamic nature of agricultural production, influenced by varying climatic conditions and market demands, providing a clear picture of the state's crop performance heading into the latter part of the year.


Trending Video

Will USDA 'Save the Day' in Corn + U S Post Midterm Election Ag Impact

Video: Will USDA 'Save the Day' + U S Post Midterm Election Ag Impact

Will the 2026 USDA November crop report redeem itself after a shocking higher U.S. 2026 corn yield in October?
The Democrats taking control of Congress and the Senate was not on anyone’s bingo card except ours!
The AI stock selloff knee jerk reaction over Dem’s looking to slow done the AI build out is a gift!
The Dems will now try to reign in Trump on the Iran war, tariffs (first 100 days tariffs on Canada could be removed), immigration and the corruption in the Trump administration. E15 and a new farm bill in 2027 may struggle with gridlock in Washington.
Does China walk away with U.S. ag trade as Trump has lost leverage? China to buy more U.S. ag but hinges on U.S. tariff reductions? Hang Tung Resources signs $600 million China agreement of U.S. wheat and sorghum.
Crude oil plunges 8%.
U.S. Midwest soil moisture profile is a concern.
Brazil looks wet in the next 10 days.
Hogs to new contract lows.
+ CFTC