Corn plantings surge, beans drop in USDA’s acreage report

In the first national look at acreage estimates since planting, USDA pegged corn acres at 94.09 million nationwide. That’s just over 2 million more acres than its March estimate. Soybean acreage, meanwhile, is currently sighted at 83.5 million acres nationwide, down considerably from USDA’s March projection of 87.51 million acres. CommStock Investment’s Joe Camp talked with RFD’s DeLoss Jahnke about the annual report.