Eyes are already turning to prospects for US crop sowings for next year, with Farm Futures below revealing the survey of nearly 700 farmers in late July.
GrainPriceNews reports on the survey here, and gives analysis here.
| Farm Futures crop sowings forecasts for 2023 |
|||
| Crop | Sowings (acres) | Change on year (acres) | Change on year (%) |
|---|---|---|---|
| Corn | 94,281,509 | +4,460,509 | +5.0 |
| Soybeans | 87,330,697 | -694,303 | -0.8 |
| All wheat | 48,841,7760 | +1,849,776 | +3.9 |
| of which winter wheat | 36,553,074 | +2,547,074 | +7.5 |
| and spring wheat (including durum) | 12,288,702 | -697,298 | -5.4 |
| Total for three major crops | 230,453,981 | +5,615,981 | +2.5 |
