Farmers in South Dakota planted 5.9 million acres of corn and 4.95 million acres of soybeans according to the USDA’s National Agricultural Statistics Service.
Actual corn acres planted for 2014 are down 5 percent from actual corn acres planted in 2013 while actual soybean acres planted for 2014 are up 7.6 percent from last year’s actual planted acres.
Actual planted acres were reported in USDA’s National Agricultural Statistics Service Acreage Report. Production and production per acre is based on harvested acres because not all planted acres will be harvested for grain, some will be cut for forage and/or abandoned. To arrive at production estimates, each crop’s actual planted acres is adjusted to harvested historical average to arrive at production potential for 2014.
Figure 1. (Above) South Dakota Corn Production
The 2014 South Dakota corn production potential, at 781 million bushels is down 31 million bushels from the 2013 actual production of 812 million bushels (Figure 1). If realized, the 781 million bushel crop would be the second largest behind the 2013 crop and 74 million bushels greater than the 2009 crop. The 2014 production potential is calculated using the actual planted acres as adjusted to harvested acres multiplied by Crop Condition Index (CCI) model yield (Figure 2). The 2014 CCI model yield estimate is 142 bushels per acre as of mid-June, slightly above the 2013 statewide actual yield of 138 bushels per acre.
Figure 2. (Above) South Dakota Corn Yield
The 2014 South Dakota soybean production is projected to be 196 million bushels (Figure 3) based on actual planted acres of 4.9 million acres and a CCI model yield estimate of 40 bushels per acre (Figure 4). Soybean actual planted acres are up 350,000 acres from the 2013 actual planted 4.6 million acres. Total soybean production in South Dakota is projected to be up 13.0 million bushels from the 2013 production of 183 million bushels.
Figure 3. (Above) South Dakota Soybean Production
The Acreage report provides the acreage that is planted and what may be possible for new crop production. Weather will be key in determing final harvested acres and yield. More information is available in the USDA Acreage report.
Figure 4. (Above) South Dakota Soybean Yield
South Dakota’s 2014 production of corn and soybeans is projected to be 18 million bushels less than the 2013 actual production. The decrease is a combination of corn down 31 million bushels and soybeans up 13 million bushels. Structurally, the 2014 projected production will not add to basis pressure.
Source : SDSU