USDA: US corn production falls 9% in 2022
January 12, 2023
BY Erin Voegele
The USDA’s National Agricultural Statistics Service released its 2022 Crop Production Annual Summary on Jan. 12, reporting that U.S. corn growers produced 13.7 billion bushels of corn last year, down 9 percent when compared to 2021.
U.S. corn yields for 2022 are estimated at 173.3 bushels per acre, down 3.4 bushels when compared to the 2021 record high yield of 176.7 bushels per acre. Area harvested for grain was at 79.2 million acres last year, down 7 percent from 2021.
The USDA’s Grain Stocks report shows that corn stored as of Dec. 1, 2022 was estimated to be down 7 percent when compared to the same date of 2021. Corn stored in all positions was at 10.8 bushels, according to the agency.
Advertisement
Advertisement
Advertisement
Advertisement
Related Stories
The USDA on April 14 announced the cancellation of its Partnerships for Climate-Smart Commodities program. Select projects that meet certain requirements may continue under a new Advancing Markets for Producers initiative.
The USDA reduced its outlook for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 10. The outlook for soybean oil pricing was revised up.
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. Construction is underway and the facility is expected to be operational by the end of 2025.
Verity Holdings LLC, a subsidiary of Gevo Inc., has partnered with Minnesota Soybean Processors (MnSP) to implement Verity’s proprietary track and trace software. The collaboration aims to unlock additional value through export premiums.
U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.
Upcoming Events
