U.S. CORN ACRES RISE, PRODUCTION COULD BREAK RECORDS

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(Posted Thu. Jun 30th, 2016)

American farmers planted 6.1 million more acres of corn in 2016 than they did the previous year, a seven percent increase, according to the U.S. Department of Agriculture’s Acreage report released today. The report indicates a more than 500,000-acre net increase from the prospective planting report released in March. Total corn acres planted in the United States total 94.1 million, for the third highest planted acreage in the United States since 1944.

 

“While we are on track to break production records in 2016, corn farmers face significant challenges due to the persistently low price paid for their crop,” National Corn Growers Association President Chip Bowling said.  “U.S. farmers need the help of our legislators and regulators in opening markets. We need our EPA to step up and comply with its statutory obligations under the Renewable Fuel Standard. We need Congress to help us push export demand even further by opening new markets by passing the Trans-Pacific Partnership and lifting the Cuban Trade Embargo. Working together, we can make each increase in market demand add up to a real, necessary boost for farm families.”

 

Given the projected harvested corn acreage released in the report of 86.5 million acres and the most recent USDA estimate average national yield of 168.0 bushels per acre, farmers could harvest a record 14.5 billion bushels.

 

The largest year-to-year acreage increases were seen in North Dakota and Kansas, where corn acreage increased by 750,000 and 650,000 acres respectively. Iowa also saw a 500,000-acre increase in planted corn acres from 2015. No state had a decrease of corn plantings greater than one acre than what was planted the year prior.

 

For the full Acreage report, click here.