USDA’s National Agricultural Statistics Service released the much-anticipated Acreage report Thursday – reporting U.S. farmers planted 319.2-million acres to major crops this year – a 2.45-million acre increase from last year. Farmers planted 92.3-million acres of corn this year – up nearly five-percent from last year. This year’s increased total – driven by higher commodity prices – is the second highest planted acreage in the U.S. in more than 60 years.
Wheat and cotton saw an increase in planted acreage too – with cotton at 13.7-million acres – up 25-percent from 2010 – and wheat at 56.4-million acres – up five-percent from 2010. However – soybean planted acreage dropped three-percent from last year. Soybean growers planted 75.2-million acres this year – which is the lowest since 2007.
NASS acreage estimates are based on surveys of more than 70-thousand farm operators across the U.S. during the first two weeks of June. All NASS reports are available at www dot nass dot usda dot gov (http://www.nass.usda.gov/).