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Indiana Harvested Record Number of Corn and Soybeans in 2023

By Clayton Baumgarth

On Friday the USDA released its January World Agricultural Supply and Demand Estimates (WASDE) report, which announced record yields in the nation’s corn crop production. 

Average corn yields hit a record 177.3 bushels per acre with a total production of 15.34 billion bushels. Soybean yields were high but not record breaking, with a national average of 50.6 bushels per acre and a total production of 4.17 billion bushels reported. 

In Indiana, Hoosier producers had record yields for corn and soybeans at 203 and 61 bushels per acre respectively. 

Todd Davis, chief economist for the Indiana Farm Bureau, said the records were possible, despite challenging dryness, thanks to timely rains.

“You might hear farmers talking about million-dollar rains,” he said. “And we had those timely rains that helped the crops develop.”

Davis said strong crop genetics were another key factor that helped with overall crop yields.

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Meet the guest: Dr. Ellen Goddard / ellen-goddard-11541138 is Professor Emerita at the University of Alberta and an agricultural economist. Her work focuses on consumer behavior, trust, livestock sectors, and public attitudes toward food technologies. She also specializes in economic modeling for pork, beef, and dairy systems. Learn more from Dr. Ellen Goddard on the Swine in Canada Podcast Show, available on all major platforms.