Articles tagged under: Prospective Plantings
USDA Forecasts Fewer Corn and Soybean Acres
Published March 31, 2021
USDA’s estimates of planted acres for corn and soybeans were lower than trade expectations in the Prospective Plantings report. That puts the balance sheet in rationing mode and fuels the bullish outlook for the grain markets. The USDA Prospective Plantings…More Corn, Less Soybeans
Published March 29, 2019
Mother Nature will make the ultimate decision, but USDA is forecasting an increase in corn acres. According to the Prospective Plantings Report, corn acreage will total 92.8 million acres. That compares to an average pre-report trade guess of 91.3 million.…