The USDA says the U.S. 2019 average soybean yield ended at 47.4 bushels per acre vs. the trade’s expectations of 46.6 bushels per acre and December’s estimate of 46.9 bushels per acre. Dollars per bushel. The current price of wheat as of January 08, 2021 is $6.3875 per bushel. Savings or additional costs on inputs (fertilizers, crop spray etc) or higher or lower yield will influence that cost per ton figure. Three winners topped 200 bushels per acre … Futures prices. Yields were seen trending steadily higher each year through 2028. 2 Illinois Winter Wheat County Estimates (December 2019) USDA, National Agricultural Statistics Service, Heartland Regional Field Office Winter Wheat Area Planted and Harvested, Yield, and Production by County – Illinois: 2019 (continued) County, district, and state Area planted Area harvested Yield per acre Production In the first chart, we have plotted cereal crops (wheat, barley and oats). There may have been record average yields in some regions of England. Land and rent prices. He first achieved over 100 bushels per acre in 2012, besting that yield since, with a new high yield for … This meant that the farms saw gross profits rise by £27,200 on average. This year, soybean yields across Ontario came in at an average of 53 bushels per acre. Tim Lamyman, who farms at Lamyman Worlaby Farms, Worlaby, Louth, beat the previous best UK total by 0.01 tonne per hectare (t/ha). As well as the effect of rising prices, farms also saw a reduction in their costs, according to the survey by East Midlands accountants Duncan & Toplis. The September yield estimate declined from the August estimate of 169.5 bushel per acre to 168.2 bushels per acre. The six-row hybrids SY Baracooda (108 per cent), Belmont (108 per cent) and SY Kingsbarn (108 per cent) are performing well on yield, across harvest years 2015-2019. News 06 Aug 2019 by Marianne Curtis. ROCKVILLE, Md. In this scenario, Halich anticipates that wheat producers could have net profits of $64 per acre by planting wheat and double-crop soybeans compared to $11 for full-season soybeans. From 1990 to 2018, the average absolute difference between the August and September yield estimate for corn has been ±1.9 bushels per acre with a standard deviation of 1.5 bushels per acre. From 1990 to 2018, the average absolute difference between the August and September yield estimate for corn has been ±1.9 bushels per acre with a standard deviation of 1.5 bushels per acre. Savills’ Farmland Market report, published in January 2019, showed a 1.8% decrease in value for prime arable land across the region, taking it to £8,770 an acre. On average land in southwest Kentucky, producers expect average yields of 72 bushels per acre for wheat, 42 bushels per acre for double-crop soybeans and 50 bushels per acre of full season soybeans. Pig to feed wheat price ratio. Figure 3 … It has been produced rapidly in response to the industry requirements to use the data as soon as possible. England abattoir numbers. Price declines will vary across operations depending on yield and percent of the harvested crop not yet marketed. The figures are subject to revisions as further results from the harvest are received and analysed. 1960 to 2018. Wheat production volume in the United Kingdom (UK) 2003-2019 Wheat production volume in Canada 2010-2018 Volume of wheat delivered to grain buyers in Norway 2009-2020 This release contains the first estimate of wheat and barley production from the 2019 UK harvest. EU pig numbers. Record yields were expected in 2013, with the average per acre approaching 48 bushels. The first graph shows the five year rolling average yield for UK wheat; hence, the 2016 average yield includes the yields achieved from 2012 to 2016. All-wheat yields in 2019 were projected at 47.8 bushels per harvested acre compared with 47.6 bushels an acre in 2018 and 46.3 bushels per acre in 2017. Given an estimated yield around 3.75/acre that gives a cost per acre of £525. Average five year rolling yields have been virtually the same over this century. UK harvest 2019 update: Wheat yields and quality looking promising. The 2019 state corn yield for Illinois was 181 bushels per acre. Percentages of the 2019 crop already sold or under forward contract will not experience this price decline. The September yield estimate declined from the August estimate of 169.5 bushel per acre to 168.2 bushels per acre. The USDA projected wheat production in 2019 at 2.060 billion bushels, up 9% from 1.884 billion bushels in 2018. The average yield in Preble County was 66 bu/ac. Returns will likely be low to negative for many producers depending on price movement throughout the rest of the year. Commodity Planted All Purpose Acres Harvested Acres Yield Production Price per Unit Value of Production in Dollars; HAY & HAYLAGE: HAY & HAYLAGE: 1,430,000 What Might 2019 Have in Store. These show that, in fact, the UK and English average yields matched the record average yields recorded in 2015 (first graph). As you can see, this graph rather deflates the view that we are witnessing a breakthrough in yields. Don has achieved over 100 bushels per acre of soybeans for six of the past eight years, but 2019 was an extremely wet year so soybeans were planted and harvested much later than normal (if at all). (DTN) -- It was another record-setting year for the National Wheat Yield Contest, which announced its 2019 winners Tuesday. The price shown is in U.S. UK feed ingredient prices. The highest overall yield was 99 bushels per acre by Don Stall of Eaton County. The average annual world farm yield for wheat in 2014 was 3.3 tonnes per hectare (330 grams per square meter). The Corn Returns are the longest running domestic price series for grains. Interactive chart of historical daily wheat prices back to 1975. January 28, 2019. GB fertiliser prices. The average yields were in the mid-high 50 bushel per acre (bu/ac) range,” she said. While the farms harvested 3.4 tonnes per acre on average, the typical selling price of wheat rose from £145 per tonne in 2017 to £165 for the 2018 harvest. This publication gives the first estimate of the quantity of wheat and barley produced in the UK from the 2017 harvest. A -$.30 decline in corn price would result in a revenue decline of -$54 per acre. Futures contracts The average wheat yield in 2019 was estimated at 51.6 bushels per acre compared with 47.6 bushels per acre in 2018. Variable costs for 2019 Ohio soybeans are projected to range from $210 to $230 per acre. Wheat variable expenses for 2019 are projected to range from $178 to $219 per acre. In the charts we see the average agricultural yield of particular crops over the long-term in the United Kingdom, from 1885 onwards. Hence the change in the September yield fell within the historical norm. Slaughterings and production. “Overall, the lowest yield was 25 bu/ac, and the highest was 76 bu/ac. Fuel prices. Ireland wheat farms were the most productive in 2014, with a nationwide average of 10.0 tonnes per hectare, followed by the Netherlands (9.2), and Germany, New Zealand and the United Kingdom (each with 8.6). Kansas set its high winter wheat yield watermark in 2016 with a massive 57 bushels per acre, about 23 percent above the long-term trend and far … However, it has to be borne in mind that there are errors in the estimates and these are usually higher than the difference between 2015 and 2019 regional yields (second graph). A farmer from Lincolnshire has broken the UK wheat yield record, although it fell just short of the world record. GB estimated pig slaughterings. The 2019 U.S. soybean production totaled 3.558 billion bushels vs. the trade’s expectations of 3.51 billion bushels and the USDA’s December estimate of 3.55 billion. Figure 3 … Hay and straw prices . This is above the Production Insurance 10-year average of 45 bushels per acre. It was the second highest average yield on record falling short only to 52.7 bushels per acre in 2016. Table 1. Industry structure. The weekly survey shows the average ex-farm prices for wheat, barley and oats as well as the volume of grain traded. UK pig meat marketing chain. For winter wheat, the average yield is seen at 53.2 bushels per acre, compared to 51.8 a month ago, with harvested area of 24.924 million acres, and for spring wheat, the average yield is seen at 49.2 bushels per acre, compared to 47.2 million last month, with harvested area of 12.125 million. UK pig numbers and holdings. Hence the change in the September yield fell within the historical norm. The average yield of wheat per acre over the past 10 years in Canada has been around 42 bushels per acre. Using this data method (detrending yield since 1960), you would find that the trend average yield for 2019 is 171.6 bushels per acre. Data Source: USDA NASS. The USDA has made two corn yield estimates for 2019. That compares with the average of 37 bushels measured on last year’s tour and the U.S. Department of Agriculture’s final estimate of 38. U.S. Average Corn Yields, Trend Yields, and Departure from Trend. Good progress is being made with harvest in the south west of England, south of the M4, where there has been “a good run of weather”, according to Frontier regional sales manager, west Russell Dean. A dry June and July in most areas, followed by rain in August, contributed to these record high yields. Wheat Prices - 40 Year Historical Chart. 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