NASS: Cotton, soybean production forecast for gains
Georgia cotton and soybean growers are expected to make production gains in 2022, according to the November Crop Production report from the USDA’s National Agricultural Statistics Service (NASS), which was released on Nov. 9.
Cotton production is forecast at 2.50 million bales, up 4% from the October forecast and up 13% from last year. Cotton producers are expected to harvest 1.28 million acres in 2022, up from 1.16 million acres in 2021. NASS adjusted its yield estimate from 900 pounds per acre in October to 938 pounds per acre in November, representing a month-to-month forecast increase of 101,000 bales.
With yield forecast at 44.0 bushels per acre, soybean production is forecast at 7.04 million bushels, down 2% from the October forecast but up 13% from 2021.
Peanut production is forecast at 2.99 billion pounds, unchanged from the October forecast but down 10% from 2021.
With yield forecast at 168 bushels per acre, corn for grain production is forecast at 64.7 million bushels in 2022, down 2% from the October forecast and down 20% from 2021.