US farmers to plant more soybeans than corn in 2018

US farmers to plant more soybeans than corn in 2018

Acreage for both crops down; wheat to be second lowest acreage on record

U.S. farmers plan to plant slightly more soybeans than corn this year, but acreage for both crops is down from last year, according to the U.S. Department of Agriculture’s Prospective Plantings report, released March 29.

Planted corn acreage for 2018 is estimated at 88.0 million acres, down 2 percent or 2.14 million acres from last year. Compared with last year, planted acreage is expected to be down or unchanged in 33 of the 48 estimating states.

Planted soybean acreage for 2018 is estimated at 89.0 million acres, down 1 percent from last year. Compared with last year, planted acreage intentions are down or unchanged in 20 of the 31 estimating states.

All wheat planted area for 2018 is estimated at 47.3 million acres, up 3 percent from 2017. This represents the second lowest all wheat planted area on record since records began in 1919. The 2018 winter wheat planted area, at 32.7 million acres, is up slightly from last year and the previous estimate. Of this total, about 23.2 million acres are hard red winter, 5.85 million acres are soft red winter, and 3.64 million acres are white winter. Area planted to other spring wheat for 2018 is estimated at 12.6 million acres, up 15 percent from 2017. Of this total, about 12.1 million acres are hard red spring wheat. Durum planted area for 2018 is estimated at 2.00 million acres, down 13 percent from the previous year.