march 29 USDA plantings report
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Started by cutworm - March 29, 2018, 1:10 p.m.
Corn planted area for all purposes in 2018 is estimated at 88.0 million acres, down 2 percent or 2.14 million acres from last year.
Corn stocks in all positions on March 1, 2018 totaled 8.89 billion bushels, up 3 percent from March 1, 2017. Of the total stocks, 5.00 billion bushels were stored on farms, up 2 percent from a year earlier. Off-farm stocks, at 3.89 billion bushels, are up 5 percent from a year ago. The December 2017 - February 2018 indicated disappearance is 3.68 billion bushels, compared with 3.76 billion bushels during the same period last year.
All wheat planted area for 2018 is estimated at 47.3 million acres, up 3 percent from 2017.
Soybean planted area for 2018 is estimated at 89.0 million acres, down 1 percent from last year.
Soybeans stored in all positions on March 1, 2018 totaled 2.11 billion bushels, up 21 percent from March 1, 2017. Soybean stocks stored on farms are estimated at 855 million bushels, up 28 percent from a year ago. Off-farm stocks, at 1.25 billion bushels, are up 17 percent from last March. Indicated disappearance for the December 2017 - February 2018 quarter totaled 1.05 billion bushels, down 9 percent from the same period a year earlier.
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