The USDA says producers planted more corn acres than expected this year, while soybeans fell short of projections.
That followed significant planting delays in some key U.S. growing areas against nearly ideal conditions in other parts of the region.
Corn planted area was 89.921 million million acres, about a half a million more than in March’s prospective planting report, but 4% less than the 2021 total of 93.357 million. Harvested area is seen at 81.94 million acres, compared to 85.388 million last year.
