A market analyst expects the USDA to reduce corn acreage
five to six million following a resurvey of U.S. planted acres.
Mike Zuzolo with Global Commodity Analytics says this was a historically bad spring to get a crop in.
“I think this is where the trade is really seeing a disconnect from what we’re trading versus what’s actually happened out there. So my acreage number is 87.2 million.”
The USDA forecast 92.8 million corn acres in its Prospective Planting report March 31st.
Continue reading Analyst sees USDA decrease corn acres 5 to 6 million at Brownfield Ag News.
