News

Planting delays causing shift in acreage usage

A University of Missouri ag economist says the corn market is still being pressured some by planting delays despite strong planting numbers the last couple weeks.

Ben Brown with MU’s Food and Agricultural Policy Research Institute tells Brownfield continued rain delays in the northern Midwest and plains are causing corn acreage concerns.

“Some of these corn acres in South Dakota and Minnesota are going to move out of corn, into maybe a different crop, because they can’t get planted,” Brown said.

While he said there will be a sizable amount of prevent plant corn acreage in that region, the overall Midwestern outlook has improved the last two weeks.

“For a while, we thought the entire Midwest, Illinois and Iowa, were going to have trouble planting corn – and Missouri,” he said. “And those states have caught back up.”

Brown said the corn market is finding some relief because of the planting progress.

Brown made his comments on Brownfield’s recent Weekly Commodity Market Update.