USDA is currently collecting data for its upcoming big acreage report.
With the June acreage figures set to be released by the end of the month, Mark Jekanowski, Chairman of the USDA Outlook Board, emphasized its significance.
“But at the end of this month, end of June, we’ll get our next important indicator of the planted acreage for all of those crops,. The June acreage report will come out at the end of the month. They give us our, you know, the first official estimate of how much farmers planted for each of those main crops.”
The release of the June acreage report is eagerly awaited as it will help guide decision-making for farmers, investors, and policymakers.
