USDA released baseline projections for the next 10 years. USDA projects corn and soybean acres to remain relatively flat with corn acreage bouncing between this year’s 89.1 million acres to as high as 93 million acres. For the next 10 years, soybean acreage is expected to range from 89.1 million to as low as 82.5 million. All wheat acreage is expected to range between 47 and 49 million acres.
