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U.S. Farmers Boost Corn Acreage Amid Price Surge

2/21/2025

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Summary

Story summary

U.S. farmers aim to boost corn acreage by 4.2% to 94.5 million in 2025, driven by high prices and ethanol demand.
Soybean acreage is projected to decrease by 3.6% to 84 million, alongside declines in cotton and grain sorghum.
The USDA forecasts a stable corn supply of 16.655 billion bushels for 2024/25, supported by strong exports to Mexico and the EU.
Reduced Chinese demand for sorghum affects U.S. exports, yet domestic consumption remains robust.

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Story summary

U.S. farmers aim to boost corn acreage by 4.2% to 94.5 million in 2025, driven by high prices and ethanol demand.
Soybean acreage is projected to decrease by 3.6% to 84 million, alongside declines in cotton and grain sorghum.
The USDA forecasts a stable corn supply of 16.655 billion bushels for 2024/25, supported by strong exports to Mexico and the EU.
Reduced Chinese demand for sorghum affects U.S. exports, yet domestic consumption remains robust.