USDA Reports Largest-Ever Combined Corn & Soy Planted Acreage

USDA found an additional 1.4 million planted acres for both the corn and soybean crops to increase the corn crop slightly and boost the soybean crop to the largest in U.S. history. The combined planted acreage of the corn and soybean crops is now 183.5 million acres, more than 3 million acres higher than the previous combined crop record. 

Nearly $10 Billion in Farmer Bridge Assistance Allocated

The U.S. Department of Agriculture (USDA) has already sent $9.6 billion in Farmer Bridge Assistance payments as crop producers continue to face weak prices and high costs. According to the American Farm Bureau Federation (AFBF), many farms are still operating at a loss or near break-even, even with federal help in place.

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