From USDA
Corn Planted Acreage Up 6 Percent from 2015
Soybean Acreage Down Less Than 1 Percent
All Wheat Acreage Down 9 Percent
All Cotton Acreage Up 11 Percent
Corn planted area for all purposes in 2016 is estimated at 93.6 million acres, up 6 percent from last year. If realized, this will represent the highest planted acreage in the United States since 2013, and will be the third highest planted acreage in the United States since 1944.
Soybean planted area for 2016 is estimated at 82.2 million acres, down less than 1 percent from last year. Compared with last year, planted acreage intentions are down or unchanged in 23 of the 31 estimating States.
All wheat planted area for 2016 is estimated at 49.6 million acres, down 9 percent from 2015. The 2016 winter wheat planted area, at 36.2 million acres, is down 8 percent from last year and down 1 percent from the previous estimate. Of this total, about 26.2 million acres are Hard Red Winter, 6.60 million acres are Soft Red Winter, and 3.37 million acres are White Winter. Area planted to other spring wheat for 2016 is estimated at 11.3 million acres, down 14 percent from 2015. Of this total, about 10.7 million acres are Hard Red Spring wheat. The intended Durum planted area for 2016 is estimated at 2.00 million acres, up 3 percent from the previous year.
All cotton planted area for 2016 is estimated at 9.56 million acres, 11 percent above last year. Upland area is estimated at 9.35 million acres, up 11 percent from 2015. American Pima area is estimated at 215,000 acres, up 36 percent from 2015.
U.S. Corn Growers Expect a Major Increase in 2016 Acreage
WASHINGTON, Mar. 31, 2016 – U.S. corn growers expect to plant 93.6 million acres to corn this year, according to the Prospective Plantings report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). This is the first increase in corn planted acreage since 2012 and, if realized, will be the third largest corn acreage since 1944.
Driven by the expectations of higher returns in 2016 compared with other crops, corn growers in 41 of the 48 contiguous states expect to either maintain or increase the number of acres they plant to corn. Growers in Illinois, Iowa, Kansas, and North Dakota expect to increase their corn acreage by 400,000 or more acres in 2016.
In contrast, U.S. soybean growers expect to reverse the recent trends, which saw several record-high years. In 2016, growers expect to plant 82.2 million acres to soybeans, a less than one percent decrease from 2015. In Louisiana, Minnesota, and Mississippi, growers expect to decrease their soybean acreage by 200,000 acres or more in 2016. Despite the overall decrease in acreage, growers in North Dakota, Pennsylvania, and Wisconsin expect to see record-high soybean acreages in their states.
The Prospective Plantings report provides the first official, survey based estimates of U.S. farmers’ 2016 planting intentions. NASS’s acreage estimates are based on surveys conducted during the first two weeks of March from a sample of more than 84,000 farm operators across the United States. Other key findings in the report are:
- All wheat planted area for 2016 is estimated at 49.6 million acres, down 9 percent from 2015.
- Winter wheat planted area, at 36.2 million acres, down 8 percent from last year.
- All cotton planted area for 2016 is expected to total of 9.56 million acres, 11 percent up from last year.
- Sorghum growers intend to plant 7.22 million acres in 2016, down 15 percent from 2015. Kansas and Texas, the leading sorghum-producing states, account for 74 percent of the expected United States acreage.
The Prospective Plantings and all NASS reports are available online at www.nass.usda.gov.
Traders hammer down corn futures prices. See how corn and soybean futures reacted to this bearish news.
http://www.farms.com/markets/
Source: USDA