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U.S. Corn Acres Set to Top Forecasts Despite Farm-Cost Surge

  • U.S. growers are expected to sow 92 million corn acres: USDA
  • America’s early soy seeding forecast is smaller than expected
A farmer uses a shovel to move corn inside a semi trailer during a harvest in Buda, Illinois.

A farmer uses a shovel to move corn inside a semi trailer during a harvest in Buda, Illinois.

Photographer: Daniel Acker/Bloomberg
Updated on

America’s growers are forecast to plant more corn than expected this year in spite of surging farm inflation of everything from fertilizer to fuel.

While the U.S. Department of Agriculture sees corn seedings down from last year, its projected acreage of 92 million is slightly above the average Bloomberg survey estimate. Farmers also are seen planting more soybeans than in 2021, though a bit less than expected.