United States (USDA): Agriculture census announced-cattle, pig, soybean production increase

United States (USDA): Agriculture census announced-cattle, pig, soybean production increase

April 26, 2019

United States Department of Agriculture (USDA):

We announced the 2017 US Agricultural Census on April 11.

The amount of agricultural production decreased compared to the previous survey (2012).

On the other hand, production volume has increased due to increased demand for cattle, pig farming and soybeans.

Cattle: 93,600,000, an increase of 3,600,000 from the previous survey

Pigs: 72,400,000, increased by 6,600,000 from the previous survey: the largest since 1943.

Survey company: KIS Futures

Piggers closely watch the US-China trade negotiations in looking at the trends in the Chinese market.

If the Chinese side’s pork and additional tariffs (see article on June 20, 2018) are abolished, the demand for pork will increase in China.

On the other hand, with the outbreak of African swine fever (see article on April 22, 2019), production capacity is decreasing.

The price of pork is expected to rise in the future.

Soybean: The harvest area is 36,400 hectares, an increase of 5,700 hectares from the previous survey.

Maize: The harvest area is 34,200 hectares, a decrease of 1,100 hectares from the previous survey.

Wheat: Contrasting with the reduction in harvested area to about 15,700 hectares.

In the traditional wheat production area of North Dakota, the soybean crop area increased by 49% in five years compared to the previous survey.

By State: Agricultural Products Sales

The top 10 states account for 54% of the total.

California-$ 45.2 billion-12% of total US.

Iowa $ 29 billion,

Texas, $ 24.9 billion,

In the state of Texas, the number of cattle and sales is No. 1 in the United States-16% of the whole United States.

What is the average 2017 income per farm (including government spending and farm related income)? $ 43,053.

It has decreased 2% compared to the previous survey.

-JETRO

Farm Economics