Weekly Outlook: Anticipating Changes in Corn and Soybean Acreage Estimates
Darrel Good
Abstract
Darrel Good
Abstract
With a favorable planting and early growing season, attention in the corn and soybean markets is shifting towards acreage considerations. The USDA’s survey for the March 31, 2015 Prospective Plantings report revealed producer intentions to plant 89.199 million acres of corn in 2015, 1.398 million fewer acres than planted in 2014. Soybean intentions were reported at 84.635 million acres, 934,000 more than planted last year.
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With a favorable planting and early growing season, attention in the corn and soybean markets is shifting towards acreage considerations. The USDA’s survey for the March 31, 2015 Prospective Plantings report revealed producer intentions to plant 89.199 million acres of corn in 2015, 1.398 million fewer acres than planted in 2014. Soybean intentions were reported at 84.635 million acres, 934,000 more than planted last year.
Key concepts: Sowing, Agronomy, Growing season, Agricultural science, Agricultural economics, Geography, Environmental science, Biology