Farms.com Home   News

U.S. Corn Acres Higher Than Expected

The USDA released its crop acreage report Friday morning.
 
Dan Basse is the president of AgResource Company in Chicago.
 
"It was a big shock," he said. "U.S. corn seeding came in at 91.7 million acres. That was down only 1.1 million acres from the March intention. We in Chicago had been expecting a decline anywhere between 6 and 12 million acres based on the cool, wet spring weather and farmers having all of these problems but the...data suggests that corn did get seeded."
Click here to see more...

Trending Video

CFTC Chair Defends Enforcement

Video: CFTC Chair Defends Enforcement

This week, the House Agriculture Committee heard testimony from Michael Selig, the Chairman of the Commodity Futures Trading Commission. Many of the questions focused on farmer’s access to trading and pricing data, and enforcement of insider trading on prediction markets.