While the acreage numbers for corn and soybeans flip-flopped from last year, Global Commodity Analytics and Consulting President Mike Zuzolo says spring wheat acres were the surprise. “Acres were lower than the trade estimate. Winter wheat is really tight, down less than one percent, but it’s still the tenth lowest planted acreage estimate on record.” Forty-three of 48 corn planting states expect lower acres. “This wasn’t just about fertilizer prices; it was about Tar Spot and diesel prices. There were big states that cut corn acreage according to the report, Illinois, Indiana, Iowa, Kansas, Minnesota, Nebraska, North Dakota and Wisconsin. All of these are top-tier corn states.”
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