USDA: Soybean acres to surpass corn for third time ever

For only the third time in U.S. history, farmers are going to plant more soybeans than corn in 2022. USDA’s prospective plantings report found soybean acreage will rise 4% from last year to 90.955 million acres – beating the previous record high set in 2017 of 90.2 million acres. The cut to corn acreage will result in a combined corn and soybean planted acreage of 180.4 million acres, just a hair behind last year’s record-setting high of 180.6 million acres.