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Iowa Corn Forecast as Third Highest on Record
Iowa Ag Connection - 08/11/2017

Iowa corn production is forecast at 2.46 billion bushels according to the latest USDA, National Agricultural Statistics Service -- Crop Production report. Based on conditions as of August 1, yields are expected to average 188 bushels per acre, a decrease of 15 bushels per acre from last year. If realized, this will be the third highest yield and production on record behind 2016 and 2015, respectively. Corn planted acreage is estimated at 13.5 million acres. An estimated 13.1 million of the acres planted will be harvested for grain.

Soybean production is forecast at 557 million bushels. If realized, this will be the second highest on record behind last year's 572 million bushels. The yield is forecast at 56.0 bushels per acre, 4.5 bushels less than 2016. If realized, this will be the third highest yield on record behind 2016 and 2015, respectively. Soybean planted acreage is estimated at 10.0 million acres with 9.95 million acres to be harvested.

Oat production for grain is forecast at 3.46 million bushels. The expected yield is 72.0 bushels per acre, down 4.0 bushels from 2016 but up 3.0 bushels from the July forecast. An estimated 48,000 acres will be harvested for grain.

Iowa hay yield for alfalfa and alfalfa mixtures is expected to be 3.60 tons per acre with a total production of 2.66 million tons, up 15 percent from the previous year. The projected yield for other hay is 2.00 tons per acre, with production at 740,000 tons, down 18 percent from 2016.

The forecasts in this report are based on August 1 conditions and do not reflect weather effects since that time. The next corn and soybean production forecasts, based on conditions as of September 1, will be released on September 12.

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