Rain Could Cut 3 Million Corn Acres
With more rain in the forecast and prevented plant dates looming or past for corn, farmers will likely see fewer corn acres than USDA predicted in its March prospective planting report.
“There is a reasonably high chance that planted acreage of corn will decline two to three million acres from expectations based on the March 30 USDA Prospective Plantings report,” according to University of Illinois Economist Steve Irwin in a May 7 FarmDoc report. He’s since suggested that number will likely be closer to the three million number in light of poor weather conditions.
However, soybeans might not see the same dramatic acreage shift.
“There is a reasonably high change that planted acreage of soybeans will not change much compared to expectations,” Irwin said. “Changes to corn and soybean planted acreage could be even larger if planting conditions do not improve substantially in the next two weeks.”
Delayed farmers are sharing their thoughts and concerns:
over 47 million acres of #corn have yet to be planted, latest planted in history #plant19 pic.twitter.com/uPVov3mrig — Midwest Market Sol (@MidwestMarkets) May 21, 2019
#plant19 buying a lottery ticket today for sure pic.twitter.com/FeTDznboVB — olivier salaün (@oliviersalan1) May 21, 2019
Roll on. Too tacky on top for #plant19 but maybe by lunchtime with the steady winds. Tonight sounds like the real deal for accumulating #rain19 pic.twitter.com/lnKKu030Uj — Bruntjen Ag (@BruntjenAg) May 21, 2019
Delays could soon yield to yield losses, from gradual to extreme:
On average for Iowa, soybean #plant19 delays past June 1 cost at least 0.3 bu/ac/day... increases to 0.4 in mid-June and 0.55 in late June. https://t.co/xkEzgnHYSG — Mark Licht (@marklicht) May 21, 2019
On average for Iowa, corn #plant19 delays past May 20 cost 2 bu/ac/day... increases to 2.8 in early June and 3.7 in mid-June. Delayed and prevent plant may be viable options. https://t.co/xkEzgnHYSG — Mark Licht (@marklicht) May 21, 2019
Lots of big wet unplanted fields on my travels through Ohio today #plant19 everyone seems to need a little more sun. pic.twitter.com/abVha0V8mn — Paul Garvey (@pgarvpoultry) May 21, 2019
And finally, what many farmers are thinking:
#Plant19 pic.twitter.com/SdZUktbszU — Troy T Deutz (@DeutzRootedInAg) May 21, 2019
