Today, the U.S. Department of Agriculture reported corn stocks in all positions on March 1, 2018, totaled 8.89 billion bushels, up 3 percent from the same last year. They also report more corn being stored on farms, up 2 percent from 2017 to 5 billion bushels. Off-farm stocks also saw an increase over last year up 5 percent to 3.89 billion bushels.
USDA predicts planted corn acres for 2018 at 88.0 million acres, down 2 percent of 2.14 million acres from last year. Planted acreage is expected to be less nationwide.
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The 2018 ICGA annual report highlights a myriad of positive action on behalf of corn farmers in Illinois. Check it out and let us know what else we should be working on!Learn More
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