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Commodities Buzz: US Soybean Output Hits Record In 2021

13 Jan 2022 , 09:13 AM

The US farmers produced a record amount of soybeans in 2021, noted the World Agriculture Supply and Demand Estimates of the USDA. The USDA says production of 4.435 billion bushels was up 5% from 2020, with a slightly higher average yield at 51.4 bushels per acre and a 5% rise in harvested area to 86.332 million acres. In 2021, the US soybean production was 4.216 billion bushels with an average yield of 51 bushels per acre and harvested area of 82.603 million acres.

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