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U.S. farmers planted 6% more corn acres this spring, and 5% fewer soybean acres, setting up the need to potentially ration soybean demand with projected tight supplies and higher prices ahead.
Amidst predictions of lower prices of fertilizer and hoping for a bumper crop after a late season drought, US farmers are planning to increase corn acreage in 2023
Amidst predictions of lower prices of fertilizer and hoping for a bumper crop after a late season drought, US farmers are planning to increase corn acreage in 2023
Many questions are coming into play as China keeps buying U.S. corn.
USDA says that last week's Prospective Plantings Report is not the final word on acreage. The Ag Statistics Service says that a lot can change between the survey and actual planting.