The Prospective Plantings Report is the first official, estimate of 2024 planting intentions by U.S. farmers. Acreage estimates are based on surveys conducted during the first half of March from a sample of nearly 72,000 farmers across the nation.

Corn

Farmers intend to plant 90.0 million acres of corn in 2024, down five percent from last year. Planted acreage intentions for corn are down or unchanged in 38 of the 48 estimating states. Acreage decreases of 300,000 acres or more from last year are expected in seven Midwest states and Texas. 

Soybeans

 Farmers intend to plant 86.5 million acres in 2024, up three percent from last year. Acreage increases from last year of 100,000 or more are expected in 12 states.