Farmers across the U.S. are making good progress in planting, but that does not necessarily mean there will be more crop acres.
In March, USDA found principal crop acres were down around 6 million from last year, which is a nearly 2 percent drop. Analysts with Reuters took a look back at 2015 where planting was also at a quick pace, and they found that crop acres fell by 2.4 percent that year.
Rain in the Corn Belt is expected to slow progress in the near future, and the markets will be looking forward to results of the June survey.
Related Stories
Bushel’s State of the Farm report found that many producers are willing to test new tools.
USDA Elevates “Plant Not Plastic” Initiative and Supports Buying American Cotton Act
NPPC President Rob Brenneman says rising fuel and input costs are creating pressure across pork production despite steady trade.
Soybean oil is already feeling the pressure.
USDA Secretary Brooke Rollins visits Arizona cotton producers as rising fuel, fertilizer, and fuel and fertilizer costs continue to pressure farm margins.
ISA says Southeast Asia continues driving demand for soy-based feed products through expanding livestock and seafood industries.
