AgResource Breaking Analysis; USDA Outlook Forum 2024/25 US Soybean, Corn and Wheat Balance Sheets
Data from 2024 USDA Agricultural Outlook Forum, February 15, 2024. Soybeans 2021/22 2022/23 2023/24 2024/25 Area planted (mil. ac.) 87.2 87.5 83.6 87.5 Area harvested 86.3 86.2 82.4 86.6 Yield (bu./ac.) 51.7 49.6 50.6 52.0 Production (mil. bu.) 4,464 4,270 4,165 4,505 Beginning stocks 257 274 264 315 Imports 16 25 30 15 Supply 4,737…