AccuWeather See Substantial Shortfall in Corn & Soybean Yields
USAgNet - 05/24/2019
Corn and soybean production in the United States for 2019 will be lower than the USDA estimate and also lower than the 2018 yield because of continued wet weather throughout a number of key states, according to a new AccuWeather analysis. The next
two weeks will determine how much lower the yield will be.
“The next two weeks are critical for corn planting,” said AccuWeather senior meteorologist Jason Nicholls. “Most intended corn acres not planted by June 4th will likely go to soybeans or be left unplanted.”
Corn planting is at 49% as of May 20 in 18 key states, according to the latest USDA Crop Progress report. The five-year average is 80% of the corn in those states planted by that time. The next Crop Progress report is due May 27, when the five-year
average indicates 90% of the corn should be planted, but AccuWeather predicts it will be in the 65-70% range.
AccuWeather analysts estimate the 2019 corn crop will yield 14.15 billion bushels, lower than the USDA’s estimate of 14.9 billion bushels and also lower than the 2018 yield of 14.3 billion bushels.
Soybean yield will also be lower than the USDA estimate (4.17 billion bushels) and the 2018 total (4.54 billion bushels), according to AccuWeather, whose analysts estimate 4.07 billion bushels.