What USDA acreage numbers mean for farmers
Around Farm Progress adds a twist this week as we introduce Farmgate Friday, a series that looks at hot topics in grain marketing and what they mean for your farm.
On this episode, Farm Futures market analyst Jacqueline Holland interprets the main corn, soybean and wheat data from USDA's March 31 prospective plantings report. The acreage estimates from the National Agricultural Statistics Service provide the first official estimates of U.S. farmers’ 2023 planting intentions.
So, as a farmer, what do these numbers mean? How can you adjust your marketing plan, and what factors should be on your radar as planting takes off? Tune in to find out.
Learn more about USDA's March 31 reports from the Farm Futures team. Stay up to date on the latest market commentary by subscribing to our free Farm Futures Daily newsletters sent every weekday morning and afternoon.