Sugar beet farmers waiting for rain

The June USDA acreage report showed a slight decrease in sugar beet plantings compared to the March intentions report. That coupled with the lack of rain and developing drought are an equal weather concern worth paying attention to as we now head into the [...]

2021 corn & soybean acreage below expectations

In USDA’s March acreage report, lower-than-expected acreage surprised markets. U.S. corn planting intentions were slated at a five-year high of 91.1 million acres, up 325,0000 acres YOY but notably below the industry estimate. For soybeans, producers intend to plant a three-year high of 87.6 [...]

USDA estimates corn acreage up, soybean down

The USDA Acreage report surprisingly estimates planted corn acreage at 91.7 million acres, a few million acres above pre-report estimates and slightly higher than the June WASDE forecast. On the other hand, soybean planted acreage is estimated at an even 80 million acres, a [...]

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