Future January News Today

Alex Nabaum Buoyed by high prices and fatter margins, upbeat farmers hope to get crops off to a smart start. Eric Doolittle spent the winter plotting to make the next eight weeks as painless as possible. But even he knows the crop plans his farm team put together might need to be shelved and reworked at least once this spring. “You think it’s going to run like clockwork, and then Mother Nature throws you a curveball,” says Doolittle, who grows corn and soybeans n...

According to a new Farm Futures survey, U.S. corn producers say they will increase corn acreage 4.1% from year prior, to 94.7 million acres in 2021. If realized, 2021 corn acreage will be the third largest over the past 75 years, trailing only 2012 (97.3 million acres) and 2013 (95.4 million acres) acreages. Based on a conservative trendline yield estimate of 177.4 bushels per acre, 2021 corn production could reach 15.3 billion bushels, besting 2016’s record haul of 15.1 million bushels as th...