The USDA provided another glimpse of planting expectations during this week’s Ag Outlook Forum.
Global Commodity Analytics president Mike Zuzolo says the department aligned with his anticipated 90 million U.S. soybean acres in 2021.
“This makes sense from a rotational standpoint (and) also makes sense from a standpoint of cost of production starting to be quite elevated.”
He tells Brownfield while higher chemical, fertilizer, seed, and fuel prices favor soybeans, USDA still sees corn acres at around 92 million this year.
