Shannon
Shannon Fong
FBN Employee

Polls

Planned Change in Corn Acres From 2019 to 2020 - 3/10/20 (POLL RESULTS)

1,656 FBN members, spanning across 5 million acres, weighed in on today’s poll where we asked if they were planning to increase or decrease their corn acres in 2020 compared to 2019.


Members reported a 2.2% increase in national corn acres.


Stay tuned to next week when we poll the network on their planned change in soybean acres from 2019 to 2020!

    Planned Change in Corn Acres From 2019 to 2020 - 3/10/20 (POLL RESULTS)

9


Verified FBN Member (MN)

Brian ***** spoke at our local case IH dealer last week. He thinks the USDA is lying about 2019 yields to keep prices down/cheep food. Look for USDA to lower final number by August. 🤷‍♂️


Verified FBN Member (TX)

Just plant less the name of the game Gene ***** thanks

1


Verified FBN Member (MN)

Do you think we could get number of responses per state when FBN does these types of things? Just an idea bc it could help look at the data better I think.

1


Verified FBN Member (IN)

Does planting corn on ground that was prevent plant last year count as an increase in corn acres?

2

Verified FBN Member (IL)

That's my question too. And then you've got all the drowned out spots from 2019 that would normally give a crop...


Kevin
Kevin McNew
FBN Economist
FBN Employee

(edited)

If realized, this would translate in to a 91.7 million acre corn crop in 2020, up from 89.7 in 2019, which is a 2 million acres increase. At normal yields of 178 that's approximately a 15 billion bushel crop, which likely puts carryout much higher in 2020 versus today. This is not a scenario that likely gives corn much room to trade above $4 without some significant changes to weather our world de...

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3

Verified FBN Member (MN)

Likely not going to shift to spring wheat in ND/MN in my opinion because wheat prices are horrible and early planting is how a producer achieves high yields and with the wet conditions and potential flooding that might be hard to accomplish.


Verified FBN Member (NE)

I'm thinking I will dump my old crop corn and hold onto my soybeans before the march 31 USDA report.

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