USDA will release its 2019 Prospective Plantings report at 11 a.m. CDT on Friday, March 29. During their Ag Outlook Forum, USDA predicted 92 million acres of corn, up nearly 3 million from last year. They pegged soybean acreage at 85 million acres which is down nearly 4-million acres. So what are analysts saying? Well according to Bloomberg, the average trade estimate for corn acres is 91.3 million and for soybeans is 86.2 million acres.
AgWeb, along with our partners at AgDay and AgriTalk Radio, spent a lot of time talking with analysts about their expectations for the report, how current issues in ag will shift acres and why this report matters despite the inevitable inaccuracies caused by volatile spring weather.
Read all of those pieces below:
Prospective Plantings: Acreage Shuffle Likely
Will Weather Change the Planting Rotation This Year?
Prospective Plantings: Low Margins to Pressure Total Acres
55% of Corn and 60% of Soybeans Under Spring Flood Risk
Markets Now: Flooding Could Push Acres To Soybeans
One-On-One With AgriGold’s John Kermicle
Missouri family farm overwhelmed by spring flooding