Corn Acres Expected to Shrink Across U.S., Soybean Acres Expected to Grow
The number of acres devoted to corn is expected to shrink about 4 percent this year across the U.S. as farmers devote more of their land to soybeans.
The U.S. Department of Agriculture projects about 91.7 million acres of corn to be planted this year, down from 95.37 million acres last year.
Meanwhile, the number of acres devoted to soybeans is expected to grow about 6 percent to 81.5 million acres from last year's 76.5 million acres.
But Kansas farmers are expected to grow their corn and their soybean crops. The National Agricultural Statistics Service reported that Kansas farmers intend to sow 4.4 million acres of corn this spring, up 2 percent from last year; and the number of acres used for soybeans is expected to grow 8 percent to 3.9 million acres.
Ray Gaesser, president of the American Soybean Association says farmers are responding to predictions for tight soybean supplies and relatively high crop prices.
He says demand for soybeans is clearly high going into this year.