The value of South Dakota’s 2020 field and miscellaneous crops is forecast at $6.51 billion, according to the USDA’s National Agricultural Statistics Service. This is up 52% from 2019.
The value of corn production is expected to total $2.95 billion, up 60% from the previous marketing year. South Dakota’s corn price is projected to average $4.05 per bushel, up $0.73 from the last marketing year.
The value of soybean production is expected to total $2.37 billion, up 97% from the previous marketing year. South Dakota’s soybean price is projected to average $10.60 per bushel, up $2.38 from the last marketing year.
The estimates, based primarily on surveys conducted with farmers and ranchers last fall, can be accessed using the
QuickStats online database, found here: http://www.nass.usda.gov/Quick_Stats/.
County-level row crop estimates are not published if any of the following conditions exist:
- Estimated harvested acres are less than 100.
- Insufficient number of producer reports were received to establish statistically defensible
estimates. - Estimate would not guarantee confidentiality of reported data from an individual
producer.
Comments