Growers stick with corn; bumper 2024 crop likely — survey
Contrary to expectations, U.S. farmers say they will plant enough land to corn this year that the corn harvest will be nearly as large as the record 2023 crop, according to an email survey conducted during early winter. The huge crop could result in the largest corn stockpile in decades unless there is larger domestic and global appetite for corn, said Farm Futures magazine.
Explosion in U.S. soybean plantings and production
In the past 20 years, U.S. soybean production has soared by 56 percent, driven by higher yields per acre and larger plantings of the oilseed, said the USDA on Monday. Soybeans are the most valuable farm export, although corn remains the most widely planted field crop.