STAT Communications Ag Market News

Modest Drop in Planned Soybean Area

WASHINGTON - Mar 29/18 - SNS -- Soybean growers intend to plant 89.0 million acres in 2018, down 1% from last year, according to the USDA's seeding intentions report for 2018.

Compared with last year, planted acreage intentions are down or unchanged in 20 of the 31 estimating States. Decreases of 100,000 acres or more are anticipated in Iowa, Kansas, Michigan, Minnesota, Nebraska, North Carolina, and Ohio.

If realized, the planted area in Indiana, Kentucky, North Dakota, Pennsylvania, and Wisconsin will be the largest on record.

Soybean Area Planted - States and United States: 2016-2018
----------------------------------------------------------------------------------------------------
                    :                                 Area planted
        State       :-------------------------------------------------------------------------------
                    :       2016        :       2017        :      2018 1/      :    Percent of
                    :                   :                   :                   :   previous year
----------------------------------------------------------------------------------------------------
                    :      ----------------- 1,000 acres ----------------              percent
                    :
Alabama ............:         420                 350                 350                100
Arkansas ...........:       3,130               3,530               3,600                102
Delaware ...........:         165                 160                 155                 97
Florida ............:          31                  15                  15                100
Georgia ............:         260                 155                 170                110
Illinois ...........:      10,100              10,600              10,600                100
Indiana ............:       5,650               5,950               6,100                103
Iowa ...............:       9,500              10,000               9,800                 98
Kansas .............:       4,050               5,150               4,900                 95
Kentucky ...........:       1,790               1,950               2,000                103
                    :
Louisiana ..........:       1,230               1,270               1,320                104
Maryland ...........:         520                 500                 480                 96
Michigan ...........:       2,070               2,280               2,150                 94
Minnesota ..........:       7,550               8,150               7,900                 97
Mississippi ........:       2,040               2,190               2,200                100
Missouri ...........:       5,600               5,950               5,900                 99
Nebraska ...........:       5,200               5,700               5,600                 98
New Jersey .........:         100                 100                 105                105
New York ...........:         330                 270                 320                119
North Carolina .....:       1,690               1,700               1,600                 94
                    :
North Dakota .......:       6,050               7,100               7,100                100
Ohio ...............:       4,850               5,100               4,850                 95
Oklahoma ...........:         485                 655                 570                 87
Pennsylvania .......:         580                 590                 600                102
South Carolina .....:         420                 400                 380                 95
South Dakota .......:       5,200               5,650               5,600                 99
Tennessee ..........:       1,660               1,690               1,600                 95
Texas ..............:         165                 210                 160                 76
Virginia ...........:         610                 600                 630                105
West Virginia ......:          27                  27                  27                100
Wisconsin ..........:       1,960               2,150               2,200                102
                    :
United States ......:      83,433              90,142              88,982                 99
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1/ Intended plantings in 2018 as indicated by reports from farmers.

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