USDA: Corn planted acres up 2%, corn stocks down 18%
June 30, 2021
BY Erin Voegele
The USDA’s National Agricultural Statistics Service on June 30 announced that an estimated 92.7 million acres of corn has been planted in the U.S. for 2021, up 2 percent or 1.87 million acres when compared to 2020.
Growers expect to harvest 84.5 million acres of corn for grain this year, up 2 percent from 2020. The USDA also reported that 93 percent of all corn acres planted this year in the U.S. are biotech varieties, up 1 percent when compared to 2020.
Corn stocks are currently estimated to be at 4.11 billion bushels, down 18 percent when compared to the same time of last year. On-farm corn stocks are down 39 percent while off-farm corn stocks are up 11 percent.
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Full copies of the NASS acreage and grain stocks reports can be downloaded from the USDA website.
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