Prospective Plantings Report: Corn, spring wheat below trade expectations

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Prospective Plantings Report

Corn – million acres

USDA

89.490

Average est.

92.001

Pro Farmer/Doane survey

91.900

USDA final 2021

93.357

 

Soybeans – million acres

USDA

90.955

Average est.

88.727

Pro Farmer/Doane survey

87.800

USDA final 2021

87.195

 

All wheat – million acres

USDA

47.351

Average est.

47.771

Pro Farmer/Doane survey

48.500

USDA final 2021

46.703

 

Winter wheat – million acres

USDA

34.236

Average est.

34.382

Pro Farmer/Doane survey

34.400

USDA final 2021

33.648

 

Other spring wheat – million acres

USDA

11.200

Average est.

11.801

Pro Farmer/Doane survey

12.350

USDA final 2021

11.420

 

Durum wheat – million acres

USDA

1.915

Average est.

1.727

Pro Farmer/Doane survey

1.750

USDA final 2021

1.635

 

Cotton – million acres

USDA

12.234

Average est.

12.007

Pro Farmer/Doane survey

12.000

USDA final 2021

11.220

 

 

 

 

 

Quarterly Grain Stocks Report

Corn – billion bu.

USDA March 1, 2021

7.850

Average est.

7.877

USDA Dec. 1, 2021

11.647

USDA March 1, 2021

7.696

 

Soybeans – billion bu.

USDA March 1, 2021

1.931

Average est.

1.902

USDA Dec. 1, 2021

3.149

USDA March 1, 2021

1.562

 

Wheat – billion bu.

USDA March 1, 2021

1.025

Average est.

1.045

USDA Dec. 1, 2021

1.390

USDA March 1, 2021

1.311

 

Latest News

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PF Report Reaction: Bullish USDA data for corn
PF Report Reaction: Bullish USDA data for corn

Corn planting intentions and March 1 stocks came in lower than expected.

Report Snapshot: USDA shows lighter-than-expected corn acres and stocks
Report Snapshot: USDA shows lighter-than-expected corn acres and stocks

USDA reported corn acres of 90.036 million acres for 2024 and March 1 stocks of 8.347 billion bu., both well below trade estimates. Soybean acres were slightly lower than expectations, while stocks were higher.