Farmers will likely boost U.S. corn plantings 2.346 million acres in 2019 to 91.475 million acres, according to a farmer survey conducted by the brokerage and analysis firm Allendale Inc.
Some of these acres will come out of soybeans, with the firm saying producers intend to plant 84.263 million acres based on its survey, a 4.933-million-acre drop from 2018.
These figures are pretty near the 92.0 million corn acres and 85.0 million soybean acres USDA projected at its Ag Outlook Forum last month.
Allendale expects all wheat acres to dip nearly 400,000 acres from 2018 levels to 47.414 million acres, the second smallest all-wheat plantings tally on record. Other spring wheat plantings are expected to total 13.820 million acres and durum acres are expected to come in at 2.102 million acres. Both figures would be up from 2018 levels.
The survey was conducted from Feb. 25 to March 8, with submissions from 29 states.