An early look at the numbers shows U.S. farmers could increase grain acres this year despite current prices.
The study by Farm Futures Magazine shows farmers appear to be lured by the late-year corn rally, but not everyone is on board. Pollsters say more than half of the people plan no change in their crop mix.
Soybean futures could also play heavily on the decision. More global supplies are expected this year which could further depress those prices.
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Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.
Corn exports remain strong, while soybeans and wheat shift week to week on river conditions and global demand.
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
