US expect highest corn planting acreage 97.3 million acres in 2013

Prospective Plantings

  • Previous record was 102 million in 1936. Corn acreage up for the fifth consecutive year, slightly higher than last year and 6 percent higher than in 2011.
  • Soybean acreage 77.1 million acres are expected, down slightly from last year but up 3 percent from 2011.
  • Wheat Acreage estimated at 56.4 million acres in 2013, up 1% from 2012.
  • Cotton expect to plant significantly fewer acres 10.0 million acres, down 19 percent from 2012.

Grain Stocks on Mar 1 2013

  • Corn 5.399 billion bushels, compares to 8.03 billion bushels on Dec 1 2012 and 6.023 billion bushels on Mar 1, 2012
  • Soybean 999 million bushels, down 27% from Mar 1 2012
  • Wheat 1.23 billion bushels, up 3% from last year
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