American Farmers Are Set to Plant More Corn as War in Ukraine Threatens Supply
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American farmers are set to plant more corn than last year, thanks in part to price increases caused by Russia’s attack on Ukraine, according to analytics firm Gro Intelligence.
Corn acres will rise to 95 million, up from 93.4 million last year and soybeans will decline, according to the group’s AI-driven modeling. The figures come ahead of the U.S. Department of Agriculture planting estimates, which are due in a report at the end of this month.