US farmers are projected to plant 34.28 million hectares of soybeans in the 2026/27 season, a 4% increase from the previous cycle, according to the first official projection from [source missing]. United States Department of Agriculture (USDA), released this Tuesday (31). Market expectations were for 34.60 million hectares. According to the USDA, the area planted with the oilseed is expected to increase or remain unchanged in 20 of the 29 states evaluated.
Corn
The USDA's projection for corn indicates an area of 38.57 million hectares in the 2026/27 crop year, a 3% decrease compared to the 2025/26 season. The market expectation was 38.30 million hectares. Individually, the area planted with the cereal is expected to decrease or remain unchanged in 37 of the 48 states evaluated.
This text was translated by machine from Brazilian Portuguese.