UDSA released its Prospective Plantings and Grain Stocks reports on March 31, forecasting increases in planted corn and soybean acreage for 2023, as well as reporting year-over-year decreases in corn and soybean stocks vs. 2022.
The March 31, 2022, Prospective Plantings report from USDA forecasts planted corn acreage in 2022 at 89.5 million acres, down 4% of 3.87 million acres from 2021.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.