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.
Related Stories
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
Assistance for losses due to flooding and wildfire on non-federally managed land
Rep. Mike Simpson (R-ID) joined us on Champions of Rural America to share his insights on upcoming changes to public land management and how they will benefit agriculture and the Western working class.
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
The Consumer Price Index rose 0.4 percent in August, led by higher shelter, food, and gasoline prices. Year over year, inflation is up 2.9 percent.
