Farm Futures planting intentions survey favors more corn
March 26, 2020 By Rhiannon Branch Filed Under: Crops, News
A 2020 planting intentions survey by Farm Futures shows US
producers plan to ramp up corn production this year.
With 2019 prevent plant acres hopefully coming back into
production, the survey reveals farmers intend to plant 96.4 million acres of
corn, up 6.7 million from last year. If that number plays out, it would be the
second highest planting on record behind the 97.3 million corn acres planted in
The survey results predict over 2 million more corn acres
compared to USDA’s February forecast, but several new factors have come into
play since then including the COVID-19 pandemic, increased economic
uncertainty, historically cheap input prices and weakened soybean demand from
The USDA releases its annual planting intentions survey on Tuesday.
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