Ag economists say a slightly more optimistic economic outlook for corn and large soybean stocks currently contributed to a rise in corn acreage in the March 31 Prospective Plantings report.
Prospective Plantings reflect soybean supply
The USDA estimates U.S. corn acreage planted will climb 5% to 95.3 million acres, and soybean acreage will decline by 4%. Ag economists say this is due to a few economic factors, in particular the large current soybean supply.
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Editor’s note: The following was written by Eric Yu and Ryan Miller, University of Minnesota Extension crops educators, for the Minnesota Crop…
