UDSA’s March 31 Prospective Plantings report forecast increases in planted corn and soybean acreages for 2023. USDA’s Grain Stocks report, also released March 31, reported year-over-year decreases in corn and soybean stocks vs. 2022.
Corn planted for all purposes in 2023 is estimated at 92 million acres, up 4% or 3.42 million acres from 2022. Soybean planted acreage for 2023 is estimated at 87.5 million acres, up slightly from last year.
Corn stocks in all…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
