Versus the June survey, a corn harvested area increase of 774,000 acres in the fall is the largest ever back to at least the mid-1990s.
Only 2012's increase of 890,000 acres (0.9%) was larger, though final corn acres usually come in lower than in June (15 of last 20 years).
USDA was not the only entity too low on U.S. corn acres this year.
The March planting survey came in more than a million acres above the trade estimate, then June corn acres blew out the highest trade guess by more than a million acres, topping the average guess by more than 2 million acres.
That is the opposite of what happened in 2021, the last time USDA’s fall area review substantially boosted corn acres.
Persons:
NASS, Karen Braun, Sam Holmes
Organizations:
U.S . Department of Agriculture, USDA's Farm Service Agency, Agricultural Statistics Service, USDA, Analysts, Reuters, Thomson
Locations:
NAPERVILLE , Illinois, U.S