Allendale Survey Signals Corn Acres Down, Shift Toward Soybeans in 2026

Acreage shifts could influence spring marketing decisions.

Corn-Soybeans_AlfRibeiro-AdobeStock_335629402_1920x1080.jpg

AlfRibeiro – stock.adobe.com

WOODSTOCK, Ill. (RFD NEWS) — Private acreage estimates point to a shift toward soybeans in 2026, offering an early look ahead of the U.S. Department of Agriculture (USDA) Prospective Plantings Report due March 31.

Allendale and Chief Economist Rich Nelson estimate corn planted area at 93.678 million acres, down about 5.1 million acres from 2025, while soybean acres are pegged at 85.659 million acres, up roughly 4.4 million acres. All wheat acres are projected to be slightly lower, at 44.877 million.

Allendale’s survey implies corn production near 15.693 billion bushels, about 62 million below USDA Ag Forum expectations, while soybean output near 4.528 billion bushels would run roughly 78 million above. Wheat production is estimated at 1.856 billion bushels, modestly below prior projections.

Regionally, analysts expect acreage shifts across the Midwest and Plains as growers balance input costs, relative price signals, and rotation needs heading into spring planting.

Looking ahead, markets will focus on the USDA’s March 31 Prospective Plantings report to confirm or adjust private estimates.

Farm-Level Takeaway: Acreage shifts could influence spring marketing decisions.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Decoupled base acres may amplify income inequality and distort planting decisions as farm program payments increase.
From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
Large Brazilian crops heighten downside price risk if the weather allows production to reach projected levels.
Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
While row crops are expected to see softer impacts, analysts say severe weather of this magnitude will not be as kind to cattle producers.
Oil-led rallies can move soybean prices quickly, but sustained gains will require continued strength in soybean oil and broader biofuel demand signals.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
A mid-January winter storm delivered snow, ice, and extreme cold to a broad swath of the U.S., disrupting transportation, stressing livestock systems, and adding cost and complexity to winter farm operations as producers look toward spring.
Heavier weights and strong late-year slaughter supported December production, but lower annual totals highlight ongoing supply tightness heading into 2026.
Strong production and rising stocks may pressure ethanol margins unless demand or exports continue to improve.
Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.