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Projected #Corn, #Soybean Acres Down

Producers surveyed across the United States intend to plant an estimated 89.0 million acres of soybeans in 2018, down 1 percent from last year, according to the Prospective Plantings report released today by the USDA’s National Agricultural Statistics Service (NASS)

Corn growers intend to plant 88.0 million acres in 2018, down 2 percent from last year. If realized this will be the lowest planted acreage since 2015. Compared with last year, planted acreage is expected to be down or unchanged in 33 of the 48 states estimated.

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