According to the USDA’s June acreage survey, U.S. farmers planted 89.9 million acres of corn this year. That’s down from 93.3 million last year, but slightly more than 89.5 million acres estimated in March. Soybean acres are estimated at 88.3 million acres. That compares to the March intentions of 91 million acres and last year’s 87.1 million acres. Spring wheat acres are at 10.4 million. That’s down from the March report of 11.2 million and well below last year’s 11.4 million acres. USDA is also going to re-survey planted acreage in Minnesota and the Dakotas. These numbers will be released in August.
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