{"id":3014,"date":"2023-07-13T09:17:21","date_gmt":"2023-07-13T14:17:21","guid":{"rendered":"https:\/\/agrilife.org\/agecon\/?p=3014"},"modified":"2023-07-20T16:10:21","modified_gmt":"2023-07-20T21:10:21","slug":"high-plains-ag-week-7-13-23-reviewing-the-june-acreage-report","status":"publish","type":"post","link":"https:\/\/agrilife.org\/agecon\/high-plains-ag-week-7-13-23-reviewing-the-june-acreage-report\/","title":{"rendered":"High Plains Ag Week &#8211; 7\/13\/23 &#8211; Reviewing the June Acreage Report"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2548 alignleft\" src=\"https:\/\/agrilife.org\/agecon\/files\/2022\/11\/corn-harvest.jpeg\" alt=\"\" width=\"363\" height=\"242\" srcset=\"https:\/\/agrilife.org\/agecon\/files\/2022\/11\/corn-harvest.jpeg 810w, https:\/\/agrilife.org\/agecon\/files\/2022\/11\/corn-harvest-768x512.jpeg 768w\" sizes=\"auto, (max-width: 363px) 100vw, 363px\" \/>The USDA National Agricultural Statistics Service (NASS) released its latest <a href=\"https:\/\/usda.library.cornell.edu\/concern\/publications\/j098zb09z?locale=en\">acreage report<\/a> on June 30.\u00a0 Today, we review this report.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><\/h3>\n<h3><\/h3>\n<h3><\/h3>\n<p><!--more--><\/p>\n<h3><span style=\"color: #000000;\"><strong>Board Update 7\/10<\/strong><\/span><span style=\"color: #000000;\"><strong>\/2023<\/strong><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3016 aligncenter\" src=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/7.10.png\" alt=\"\" width=\"1628\" height=\"308\" srcset=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/7.10.png 1628w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/7.10-1024x194.png 1024w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/7.10-768x145.png 768w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/7.10-1536x291.png 1536w\" sizes=\"auto, (max-width: 1628px) 100vw, 1628px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Dates &amp; Deadlines<\/strong><\/h3>\n<p>8\/1 -8\/2\/2023 &#8211; Amarillo, Texas &#8211;\u00a0 <a href=\"https:\/\/calendar.tamu.edu\/agrilife\/event\/292712-2023-grain-grading-workshop\">2023 Grain Grading Workshop<\/a><\/p>\n<p>8\/1\/2023 &#8211; San Angelo, Texas &#8211; <a href=\"https:\/\/agriliferegister.tamu.edu\/ereg\/newreg.php?eventid=750991&amp;language=eng\">Fire Field Day<\/a><\/p>\n<p>8\/2\/2023 &#8211; Virtual &#8211; <a href=\"https:\/\/agriliferegister.tamu.edu\/ereg\/newreg.php?eventid=748021&amp;language=eng\">Ecosystem Goods and Services<\/a><\/p>\n<p>8\/7-8\/9\/2023 &#8211; College Station, Texas &#8211;\u00a0<a href=\"https:\/\/beefcattleshortcourse.com\/\"> Beef Cattle Short Course<\/a><\/p>\n<p>8\/14-8\/15\/2023 &#8211; College Station, Texas &#8211; <a href=\"https:\/\/agriliferegister.tamu.edu\/ereg\/newreg.php?eventid=753000&amp;language=eng\">Beef 706<\/a><\/p>\n<p>8\/18-8\/19\/2023 &#8211; San Angelo, Texas &#8211;\u00a0 <a href=\"https:\/\/agriliferegister.tamu.edu\/ereg\/newreg.php?eventid=749467&amp;language=eng\">Texas Sheep and Goat Expo<\/a><\/p>\n<p>9\/7\/2023 &#8211; Virtual &#8211; <a href=\"https:\/\/agriliferegister.tamu.edu\/ereg\/newreg.php?eventid=747864&amp;language=eng\">Return of the Natives: Restoring Native Grasslands<\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Report Overview<\/h3>\n<p>Figure 1 compares estimates of planted acreage for selected crops in 2023 to planted acres in 2022.\u00a0 Figure 2 compares the estimates from the June report to the estimates from the March Prospective Plantings survey.\u00a0 The report shows significant changes in planted acres of corn, soybeans, wheat, and cotton in 2023 compared to 2022.\u00a0 During the month of July, USDA will finish collecting data from areas of the country that have not finished planting yet and will update the acreage report if the new information justifies doing so.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3018 aligncenter\" src=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-1.png\" alt=\"\" width=\"990\" height=\"768\" srcset=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-1.png 1166w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-1-1024x794.png 1024w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-1-768x595.png 768w\" sizes=\"auto, (max-width: 990px) 100vw, 990px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3019 aligncenter\" src=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-2.png\" alt=\"\" width=\"990\" height=\"768\" srcset=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-2.png 1162w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-2-1024x795.png 1024w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Figure-2-768x596.png 768w\" sizes=\"auto, (max-width: 990px) 100vw, 990px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3>Corn<\/h3>\n<p>Corn area planted increased in 2023 by about 6% to 94.1 million acres.\u00a0 This was also a 2.3% increase above the March survey estimate of 92 million acres; however, 2.49 million acres estimated in the report were not yet planted at the time of the survey.\u00a0 According to the acreage report, this is the third highest planted acreage in the U.S. since 1944.<\/p>\n<h3>Sorghum<\/h3>\n<p>Growers planted about 6.81 million acres of sorghum this year, which is an increase of 7.6% in planted acreage compared to 2022.\u00a0 Almost all this increase in planted acres is in Texas, which increased its planted area by 34.5% compared to 2022.\u00a0 Acreage in Nebraska and Oklahoma also saw small increases in planted acres, while Colorado and South Dakota saw modest decreases.\u00a0 Compared to the March estimate, growers planted about 830,000 more acres of Sorghum than expected, which is an increase of about 14%.<\/p>\n<h3>Wheat<\/h3>\n<p>Table 1 compares this year\u2019s planted area for all wheat to last year\u2019s values in the report.\u00a0 Planted acres for all wheat increased by 8.5% relative to 2022 and remain essentially unchanged from the March survey prediction.\u00a0 This is the largest amount planted since 2016, but still a low value historically.\u00a0 The report also forecasts the area harvested at 37.7 million acres, a 6.3% increase over the previous year.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3020 aligncenter\" src=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Table-1.png\" alt=\"\" width=\"1410\" height=\"294\" srcset=\"https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Table-1.png 1410w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Table-1-1024x214.png 1024w, https:\/\/agrilife.org\/agecon\/files\/2023\/07\/Table-1-768x160.png 768w\" sizes=\"auto, (max-width: 1410px) 100vw, 1410px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3>Soybeans<\/h3>\n<p>Soybean planted acres in 2023 are estimated at 83.5 million acres.\u00a0 This is a decrease of 4.5% compared both to the 2022 planted area and to the estimate in the March prospective planting survey.\u00a0 Still, according to the June report, if projections for planting and harvesting are met, this will be the 5<sup>th<\/sup> highest planted acreage and 6<sup>th<\/sup> highest harvested acreage for soybeans on record.<\/p>\n<h3>Peanuts<\/h3>\n<p>Peanut acreage for 2023 in the June report is estimated at 1.6 million acres, almost 9% larger than 2022 and 2% larger than the March estimate.\u00a0 Most of this increase occurred in Florida, Georgia, and the Carolinas.\u00a0 In Texas, peanut planted acres decreased by 5000 acres relative to 2022 but remained unchanged relative to the March survey estimate.<\/p>\n<h3>Cotton<\/h3>\n<p>Cotton area planted is projected at 11.1 million acres this year, which is a 19.4% decrease in planted area compared to 2022 and a 1.5% decrease compared to the March prospective planting report.\u00a0 Across the United States, cotton acres are down this year in 16 of 17 major producing states.\u00a0 In Texas, the planted area is down 1.75 million acres compared to 2022 and 118,000 acres compared to the March report.\u00a0 The reduction in Texas acres accounted for about 66% of the total reduction in planted acres nationwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USDA National Agricultural Statistics Service (NASS) released its latest acreage report on June 30.\u00a0 Today, we review this report. &nbsp; &nbsp;<\/p>\n","protected":false},"author":1761,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[23,19,18,9,26,28,29,21,22],"tags":[59,41,58,45,60],"class_list":["post-3014","post","type-post","status-publish","format-standard","category-corn","category-cotton","category-crops","category-high-plains-ag-week","category-marketing-plan","category-peanuts","category-sorghum","category-texas-am-agrilife-extension-resources","category-wheat","tag-corn","tag-cotton","tag-crops","tag-peanuts","tag-wheat","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>High Plains Ag Week - 7\/13\/23 - Reviewing the June Acreage Report - Ag Economics on the Plains<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/agrilife.org\/agecon\/high-plains-ag-week-7-13-23-reviewing-the-june-acreage-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High Plains Ag Week - 7\/13\/23 - Reviewing the June Acreage Report - Ag Economics on the Plains\" \/>\n<meta property=\"og:description\" content=\"The USDA National Agricultural Statistics Service (NASS) released its latest acreage report on June 30.\u00a0 Today, we review this report. &nbsp; 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