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Best of NAMA 2022












FARMERS REPORT THEY WILL PLANT 94 MILLION ACRES OF CORN NEXT YEAR, 5% INCREASE OVER 2022 IN FARM FUTURES SURVEY


By Jacqueline Holland, Farm Futures magazine

As farmers gear up to lock in prices on 2023 inputs, there is growing evidence that corn will once again reign supreme amongst other crop alternatives in the U.S. next year. A Farm Futures survey conducted July 13 - Aug. 1, 2022 collected 692 farmer responses about 2023 planting intentions and the results largely favor more corn acres in 2023.

The survey found farmers estimate to plant 94.3 million acres of corn next spring, which would be a 5% (4.5M ac.) increase from current USDA estimates for 2022 planted corn acres of 89.8 million acres. If the Farm Futures estimate holds true, it will be the largest corn acreage planted in the U.S. since 2013's sowing of 95.4 million acres.

The survey estimates that the added corn acreage will likely come from the Plains, where drought hindered corn production this summer. Barring any weather constraints, much of the 3.1 million acres of corn placed in prevent plant acreage this spring, particularly in the Dakotas and Minnesota, are likely to be repurposed for corn next year.

To read the entire article click here.


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