Report Shows Less Corn, More Soybeans In 2024

Wisconsin farmers intend to plant 3.8 million acres of corn for all purposes in 2024, according to the National Agricultural Statistics Service’s prospective plantings report. This is down 200,000 acres from 2023.

The Prospective Plantings report provides the first official, survey-based estimates of U.S. farmers’ 2024 planting intentions. NASS’s acreage estimates are based primarily on surveys conducted during the first two weeks of March from a sample of approximately 71,800 farm operators in the nation, including more than 2,000 from Wisconsin.

The report says across the U.S. farmers will plant 90 million acres of corn, down 5 percent or 4.61 million acres from last year.

Producers intend to plant 2.2 million acres of soybeans in Wisconsin this year. This is 90,000 acres higher than 2023.

Soybean planted area in the entire U.S. for 2024 is estimated at 86.5 million acres, up 3 percent from last year.

Farmers in Wisconsin expect to harvest 1.08 million acres of all dry hay for the 2024 crop year. This is
50,000 acres above last year.

Wisconsin farmers intend to plant 195,000 acres of oats for all purposes. This is up 60,000 acres from last year. Winter wheat producers planted area is estimated at 265,000 acres, down 15,000 acres from last year. Wisconsin farmers intend to plant 15,000 acres of barley, up 3,000 acres from last year.

Actual plantings will depend upon weather, economic conditions, and the availability of production
inputs at the time producers make their final planting decisions.