Prospective Plantings
The Prospective Plantings Report was released on March 31, 2023. Corn
Corn planted area in 2023 is estimated at 92.0 million acres, up 4% from last year. The trade estimate before the report release was for corn acreage to be 90.88 million acres. Soybeans
Soybean planted area in 2023 is estimated at 87.5 million acres, up slightly from last year. The trade estimate before the report release was for soybean acreage to be 88.24 million acres. Wheat
Wheat planted area in 2023 is estimated at 49.9 million acres, up 9% from last year. The trade estimate before the report release was for wheat acreage to be 48.85 million acres.