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
At the Port of Brownsville, shrimpers are facing rising operating costs and increased competition, but many shrimp producers and local lawmakers remain optimistic about the industry’s future.
March 19, 2026 01:22 PM
·
Higher prices are bringing relief to markets, but rising input costs are putting pressure on the producers.
March 19, 2026 12:59 PM
·
Lower hop stocks may support prices in the near term.
March 19, 2026 06:00 AM
·
Biofuel policy decisions may influence planting economics. Today, March 18, is also National Biodiesel Day.
March 18, 2026 05:14 PM
·
Bryan Combs with USDA’s National Agricultural Statistics Service breaks down new farmland data from the TOTAL survey, highlights key findings, and potential impacts for the ag sector. ASFMRA’s David Klein also shares how those trends are reflected in the current farmland market, especially in the Midwest.
March 18, 2026 04:55 PM
·
Geopolitical tensions in the Strait of Hormuz disrupt fertilizer shipments, raising costs and creating uncertainty for U.S. farmers ahead of planting season.
March 18, 2026 03:21 PM
·
