USDA: Corn up 3 percent, soybeans down 10 percent | TheFencePost.com

USDA: Corn up 3 percent, soybeans down 10 percent

Corn planted area for all purposes in 2019 is estimated at 91.7 million acres, up 3 percent from last year, while soybean planted area for 2019 is estimated at 80.0 million acres, down 10 percent from last year – the lowest soybean planted acreage in the United States since 2013, the Agriculture Department’s National Agricultural Statistics Service said in a crop progress report released today.

All wheat planted area for 2019 is estimated at 45.6 million acres, down 5 percent from 2018. All cotton planted area for 2019 is estimated at 13.7 million acres – 3 percent below last year. Upland area is estimated at 13.4 million acres, down 3 percent from 2018. American Pima area is estimated at 275,000 acres, up 10 percent from 2018.

In another report, USDA said that corn stocks on June 1 totaled 5.20 billion bushels, down 2 percent from June 1, 2018, while soybeans stored on and off farms on June 1 totaled 1.79 billion bushels, up 47 percent from June 1, 2018.


Support Local Journalism

Readers like you make the Fence Post’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

 


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.