Area USDA 2019 crop value reports

U.S. Department of Agriculture
Farm Forum

South Dakota

SIOUX FALLS — The value of South Dakota’s 2019 field and miscellaneous crops is forecast at $4.56 billion, according to the USDA’s National Agricultural Statistics Service. This is down 22 percent from 2018.

The value of corn production is expected to total $2.10 billion, down 20 percent from the previous marketing year. South Dakota’s corn price is projected to average $3.70 per bushel, up $0.32 from the last marketing year.

The value of soybean production is expected to total $1.23 billion, down 39 percent from the previous marketing year. South Dakota’s soybean price is projected to average $8.40 per bushel, up $0.43 from the last marketing year.

North Dakota

FARGO, N.D. — The value of North Dakota’s 2019 field and miscellaneous crops is forecast at $6.21 billion, according to the USDA’s National Agricultural Statistics Service. This is down 12 percent from 2018.

The value of corn production is expected to total $1.62 billion, up 9 percent from the previous marketing year. North Dakota’s corn price is projected to average $3.55 per bushel, up $0.23 from the last marketing year.

The value of soybean production is expected to total $1.41 billion, down 26 percent from the previous marketing year. North Dakota’s soybean price is projected to average $8.10 per bushel, up $0.12 from the last marketing year.

The value of spring wheat production is expected to total $1.30 billion, down 20 percent from the previous marketing year. North Dakota’s spring wheat price is projected to average $4.45 per bushel, down $0.67 from the last marketing year.

Minnesota

The production of Minnesota’s field and miscellaneous crops was valued at $8.61 billion in 2019, according to the USDA, National Agricultural Statistics Service – Crop Values summary. This was a 9 percent decrease from 2018.

The value of corn for grain production totaled $4.61 billion, down 2 percent from the previous year, with production down 7 percent. Minnesota’s corn price averaged $3.65 per bushel, an increase of 18 cents from the last marketing year.

Down 19 percent from 2018, the value of soybean production was $2.56 billion, with production down 21 percent. The average price increased 20 cents from the previous year to $8.60 per bushel.

Value of production increased from 2018 to 2019 for potatoes, alfalfa hay, dry beans, canola, and oats. Barley, other hay, spring wheat, and all sunflowers value of production decreased from the previous year.

Iowa

The production of Iowa’s field and miscellaneous crops was valued at $14.6 billion in 2019, according to the USDA, National Agricultural Statistics Service – Crop Values summary. This was a 4 percent increase from 2018.

The value of corn for grain production totaled $9.82 billion, up 9 percent from the previous year. Iowa’s corn price averaged $3.80 per bushel, an increase of 21 cents from the last marketing year.

Down 7 percent from 2018, the value of soybean production was $4.34 billion, with production down 9 percent. Average prices increased 19 cents from the previous year to $8.65 per bushel.

Value of production increased from 2018 to 2019 for alfalfa hay and oats.

Nebraska

LINCOLN, Neb. – The value of Nebraska’s 2019 field and miscellaneous crops is forecast at $10.3 billion, according to the USDA’s National Agricultural Statistics Service. This is up 5 percent from 2018.

The value of corn production is expected to total $6.78 billion, up 6 percent from the previous marketing year. Nebraska’s corn price is projected to average $3.80 per bushel, up $0.22 from the last marketing year.

The value of soybean production is expected to total $2.38 billion, up 24 percent from the previous marketing year. Nebraska’s soybean price is projected to average $8.40 per bushel, up $0.20 from the last marketing year.