Page 38 October 27, 2015
2015 Logan County Farm Outlook Magazine
LINCOLN DAILY NEWS.COM
wide range of soybean
prices in 2014, the
average price for
beans comes in at
$12.48. However,
this is because bean
prices looked good
in the first half of
the year, but they
fell drastically in the
second half.
According to the
USDA, 9.8 million
acres of soybeans
were planted in 2014
in Illinois. Of that
amount, an estimated
9.78 million acres
were harvested. As
for Logan County specifically, farmers planted
136,500 acres of soybeans; 136,300 acres were
harvested.
2015 Data
According to the USDA, soybean crops
nationwide saw an increase in planting. Overall,
the United States is set to increase soybean
production by two percent from 2014. This
may not sound like much, but that two percent
translates to nearly 1.5 million acres. The USDA
estimates that 85 million acres of soybeans have
been planted this year in the United States.
Corn, on the other hand, is reportedly down
by two percent in the
US. That two percent
roughly means that
two million less acres
of corn were planted
in 2015. The total
acreage of corn planted
this year is 88,987,000
acres. Statistically, corn
is being planted at the
lowest level nationwide
since 2010.
According to a separate
study conducted by the
USDA, the percentage
of acres planted with
soybeans following
another crop has not
changed from 2014
to 2015. Both years indicate a percentage of
soybeans planted after a different crop at four
percent. This does not mean farmers in Illinois
are not switching to soybeans; just that other
farmers are switching away from soybeans and the
figures are cancelling out.
What does this mean for the state of Illinois?
According to the USDA, 11.75 million acres of
corn have been planted in Illinois this year, and
the forecasted harvest is 11.65 million acres. 10.1
million acres of soybeans were planted in Illinois
this year, with an estimated harvest of 10.01
million acres.
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