Corn acres planted down, soybean acres up in Illinois
A challenging planting season apparently didn’t stop U.S. farmers from seeding a hefty amount of corn and soybeans, according to USDA’s much-anticipated June acreage report released Friday.
Despite wild weather fluctuations in recent months, USDA pegged planted acreage at 91.5 million acres of corn and 86.1 million acres of soybeans. The corn estimate is down 3% from last year but more than a million acres above the average trade guess while the soybeans estimate is up 3% from a year ago.