Harvest is underway in southern Ontario and the early soybean yields are spectacular compared to the five year average and earlier 2018 expectations. According to RealAg Agronomist Peter Johnson, farmers are hitting 70 bushels an acre and, in some cases, even 80.
Johnson speculates the Ontario soybean average yield will be 51.3 bushels per acre in 2018. The latest StatsCan prediction is a record 49.1 bushels per acre which is a big increase over the 2017 final count of 45.6 bushels per acre.
On Monday’s RealAg Radio show, Johnson says he expects yields to be even higher once combines get into the longer-season soybeans.
With the U.S. soybean crop predicted to be north of a record 52 bushels per acre there will be plenty of soybeans to crush in North America or ship abroad. Ontario growers are seeing much better basis levels than their American peers due to Chinese tariffs on U.S. soybeans.
Continue to visit RealAg.com as we will report the yields as the weeks progress.
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