Corn Plantings Higher, Soybeans, Cotton and Wheat Lower

(WASHINGTON, DC) USDA’s National Agricultural Statistics Service (NASS) estimated 80 million acres of soybeans planted in the United States for 2019, down ten percent from last year, according to the Acreage report released today. Corn area planted is estimated at 91.7 million acres, three percent higher than last year. Following up to the Prospective Plantings report released in late spring, NASS surveyed approximately 9,000 segments of land and 68,100 farm operators during the first two weeks of June to gather information on what farmers actually planted. The report also suggests that cotton plantings in the United States are three percent lower than last year at 13.7 million acres. Wheat was planted on 45.6 million acres, down five percent year over year, representing the lowest all wheat planted area on record in 100 years.