Illinois No. 1 For Soybeans, No. 2 For Corn Output
February 2, 2022
USDA’s National Agricultural Statistics Service final crop production estimates for 2021 confirm a bin-buster harvest.
But strong demand estimates coupled with production issues elsewhere in the world could keep the pressure on prices.
Nationwide, soybean production totaled a record 4.44 billion bushels (up 5% from 2020) with an average yield of 51.4 bushels per acre (up 0.4 of a bushel). Corn production was estimated at 15.11 billion bushels (up 7% from 2020 and the second-largest on record) with a record yield of 177 bushels per acre.
In Illinois, soybean product...