Today’s Topic: August crop report forecasts big year for soybeans, cotton

By on August 19, 2014

Southern Farm Network logoAgriculture Commissioner Steve Troxler sits down each week with Southern Farm Network’s Rhonda Garrison to discuss “Today’s Topic.”

USDA’s August crop report forecasts a big year for soybeans, cotton, flue-cured tobacco and peanuts in North Carolina.

More than 1.6 million acres of soybeans have been planted in North Carolina this year, and the yield is forecast to be 37 bushels per acre. That combination of acres and yield should push production up 32 percent compared with 2013.

Cotton acres are a little higher than last year, but the yield is forecast to be 939 pounds per acre. That’s 140 pounds higher than last year’s yield. Total production is forecast at 910,000 bales, which is a 19 percent increase.

Production of flue-cured tobacco is forecast at 416 million pounds, which is 16 percent higher than last year. Commissioner Troxler says some in the business are describing the crop as a barn buster, but recent wet weather in eastern North Carolina may temper the yield.

Peanut production also is expected to increase this year. The yield is projected to be 4,000 pounds per acre, which is not far off the record of 4,100 pounds that was set just two years ago. Peanut acreage is forecast at 89,000 acres, and total production is expected to be 356 million pounds. That’s a 13 percent increase over 2013’s totals.

These crops are on the rise, but corn production is forecast to dip about 15 percent this year. Acreage is forecast to be 800,000 acres, and the yield is projected to be 132 bushels per acre. That’s 10 bushels less than last year’s record yield.

Click on the audio player below to listen to Commissioner Troxler and Rhonda discuss the latest crop report.

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