USDA Plantings Report Shows Corn Acres Expected Up 4% in 2023, Soybeans Up Slightly
The USDA released its annual Prospective Plantings report Friday, which indicates how the nation's acreage will be used.
Corn planted for all purposes in 2023 is estimated at 92.0 million acres, up 4% from last year. According to the report, planted acreage is expected to be up or unchanged in 40 of the 48 estimated states.
Soybean planted area is estimated at 87.5 million acres. This is up slightly from 2022. Soybean planting intentions are unchanged or increased in 15 of the 29 major producing states...
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