Corn Growers Responding to Market, NCGA Says Corn Planting Prediction Up 15 Percent Over Last Year (3-30-07)

The National Corn Growers Association (NCGA) said the prospective plantings report released by the U.S. Department of Agriculture today indicate corn farmers are responding to market demands by intending to plant 90.5 million acres in 2007. Last year, corn growers planted 78.6 million acres.

“Strong demand for corn in all market sectors—exports, livestock and ethanol—has put corn in the spotlight as producers get planting under way,” said Ken McCauley, NCGA president. “We’re confident corn farmers will produce another big crop given good weather.”

These intentions would indicate 83.5 harvested acres. If average trend yields of 152 bushels per acre are realized, corn producers would be on track to produce 12.692 billion bushels in 2007, the largest crop on record.

If corn farmers carry through on these intentions, it will be the largest corn acreage since 1944, when producers planted 95.5 million acres. The June 29 report will provide a clearer view of 2007 corn acreage.

Iowa farmers intend to plant 13.9 million corn acres, up from 12.6 million acres in 2006. If realized, Iowa farmers will plant the most corn in the country. Illinois farmers intend to plant a record 12.9 million acres this spring, up 1.6 million acres from 2006. Minnesota and North Dakota are the other Corn Belt states with record planting intentions this spring.

Several southern states are playing a big role in the increased acreage. Arkansas growers are expected to plant 560 thousand acres in 2007, up from 190 thousand in 2006. Louisiana farmers intend to plant 700 thousand acres, up from 300 thousand in 2006. Mississippi corn producers expect to plant 950 thousand acres, up from 340 thousand acres last year.