2013 Prospective Plantings Report: Corn Acreage up Slightly from 2012, Soybean Acreage Down Slightly

Growers intend to plant 97.3 million acres of corn for all purposes in 2013, up slightly from last year and 6% higher than in 2011. Expected returns for corn are again historically high going into 2013. If realized, this will represent the highest planted acreage in the United States since 1936 when an estimated 102 million acres were planted. Record-high corn acreage is expected in Arizona, Idaho, Minnesota, Nevada, North Dakota and Oregon. Conversely, most states in the Corn Belt, which experienced severe drought in 2012, expect slightly less planted acreage.

Soybean growers intend to plant an estimated 77.1 million acres in 2013, down slightly from last year but up 3% from 2011. Compared with last year, planted acreage intentions are down across all of the Great Plains, with the exception of North Dakota, as drought conditions have persisted in many of these areas. However, the net intended change from last year for the United States is only a loss of 72,000 acres as expected increases in planted area across most of the eastern Corn Belt and parts of the Southeast nearly balance out the declines in the Great Plains. If realized, the planted area in New York, North Dakota and Pennsylvania will be the largest on record.

(Source –http://cornandsoybeandigest.com/soybeans/2013-prospective-plantings-report-corn-acreage-slightly-2012-soybean-acreage-down-slightly)

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