Farmers may increase planted grain acres this year, early indications say

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.

LATEST STORIES BY THIS AUTHOR:

Chad Collin, founder of The Quack Pack USA, joined us on Friday’s Market Day Report to share his expertise in training Border Collies to serve as indispensable farm and ranch dogs.
Ethanol producers face a widening opportunity window as aviation and marine fuel markets expand, with the potential to add billions in demand if policy and certification align.
Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
More than 100 pork producers traveled to Washington to meet with lawmakers and underscore the threat to small family farms.
Now the Senate must pass a version of the spending bill before the Sept. 30 deadline.