American farmers have planted less corn than in any year since 2010 but more soybeans than ever, as expected.
The U.S. Department of Agriculture says in its annual Acreage Report released Monday that farmers planted 91.6 million acres of corn. That's 4 percent less than last year but still the fifth-largest corn crop planted since 1944. Analysts expected some farmers to devote more acreage to soybeans because of a drop in corn prices.
The USDA says farmers planted a record high 84.8 million acres of soybeans, up 11 percent from last year. Record soybean acres have been planted in Michigan, Minnesota, Nebraska, New York, North Dakota, Ohio, Pennsylvania, South Dakota and Wisconsin.
Seventy-six percent of the corn crop is in good to excellent condition, compared with 63 percent last year.
Most Popular Today
Two KELOLAND Target Stores Now Open Extended Hours
Most Americans Are Not Saving For Retirement
Childrens Water Bottle Recalled By Manufacturer
Sioux Falls Construction Named Manager Of New Pool
- 5.Retail & Restaurants
Dollar General Enters Bidding For Family Dollar
- 6.Your Money Matters
Cost To Raise A Child Now $300,000
- 7.Gas & Energy
NRC Panel Hears from Public On Edgemont Uranium Mine
- 8.Your Money Matters
Saving On College Texbooks
Monday Morning Business Brief
Monday Afternoon Business Brief