U.S. farmers planted 96.4 million acres of corn, up 5 percent from last year, making it the highest corn acreage in the last 75 years, according to the Acreage report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). This marks the fourth year in a row of increases in corn acreage in the United States.
Favorable field conditions across much of the major corn-producing region helped corn growers get off to a fast start in 2012. By May 20, the planting was nearly complete, representing the quickest planting pace on record. Virtually all of the acreage had emerged by June 3.
U.S. soybean growers also reported a significant acreage increase this year. According to the report, 76.1 million acres have been planted to soybeans, up 1 percent from 2011. This is the third-largest soybean acreage on record.
A significant acreage increase was also reported for wheat. The report showed that growers planted 56 million acres for all wheat, including spring, Durum and winter, a 3 percent increase from 2011.
NASS also released the quarterly Grain Stocks report today, showing corn stocks down 14 percent from June 2011, soybean stocks up 8 percent and all wheat stocks down 14 percent. With a total disappearance of 2.87 billion bushels between March and May of this year, this is the highest disappearance on record for corn during this quarter. The soybean disappearance of 707 million bushels is also the second largest disappearance on record.
Friday June 29, 2012/ NASS-USDA/ United States.