Bloomberg News

U.S. Soybean Output May Rise to 3.25 Billion Bushels, USDA Says

February 26, 2012

Feb. 24 (Bloomberg) -- U.S. soybean production may rise to 3.25 billion bushels, up from 3.056 billion last year, the U.S. Department of Agriculture said.

Farmers may yield 43.9 bushels per acre, more than the previous year’s 41.5 bushels, the USDA said today in a report released at its annual Outlook Forum in Arlington, Virginia. U.S. plantings may total 75 million acres, unchanged from last year, the agency said yesterday. Domestic inventories may fall to 205 million bushels before the harvest, according to the report.

--Editor: Daniel Enoch

To contact the reporter on this story: Whitney McFerron in Chicago at wmcferron1@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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