(Posted Fri. Jun 30th, 2017)
American farmers planted 3.1 million less acres of corn in 2017 than they did the previous year, a three percent decrease, according to the U.S. Department of Agriculture’s Acreage report released today. The report indicates an 890,000-acre net increase from the prospective planting report released in March. Total corn acres planted in the United States total 90.9 million.
“Farmers face challenges in 2017, from a wet planting season in some areas to prices near or below the cost of production across the country. This report reaffirms the importance of programs and policy that grow markets for U.S. corn and support the family farms where it is grown,” National Corn Growers Association President Wesley Spurlock said. “First, U.S. farmers need robust ethanol policy and trade agreements that open markets.
“At the same time, we must continue to work toward farm policies that support our families and maintain America’s agricultural independence when conditions do not meet expectations. Standing together, we can make each increase in market demand and passage of farm policy add up to a real, necessary boost for farm families.”
Given the projected harvested corn acreage released in the report of 83.5 million acres and the most recent USDA estimate average national yield of 170.7 bushels per acre, farmers could harvest the third-largest crop on record at 14.2 billion bushels.
The largest year-to-year acreage increases were seen in North Dakota and Kansas, where corn acreage increased by 250,000 and 200,000 acres respectively. Conversely, farmers in Illinois and Texas both reduced acres year-over-year by 500,000.
For the full Acreage report, click here.