U.S. farmers are expected to plant crops on fewer acres this year.
USDA chief economist Seth Meyer says that’s partly because of a slow but steady decline in principle crop area.
“You lose some ag land to other uses (every year). But the biggest noise from year to year is what the weather is at planting time. And whether it’s wide open and you get in, or whether there’s some place around the country there’s often a prevent-plant issue.”
USDA’s combined acreage projection for corn, soybeans, and wheat is one percent lower than a year ago at 225.5 million.
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