Analysis

Supply insights revealed in latest US crop forecasts

By Lloyd George, Ag Scientia
Updated July 2 2021 - 12:29am, first published February 23 2021 - 4:30pm
American farmers are predicted to plant record crop areas of corn, sorghum and soybeans this year, but a strong Chinese appetite may keep a lid on global supplies.
American farmers are predicted to plant record crop areas of corn, sorghum and soybeans this year, but a strong Chinese appetite may keep a lid on global supplies.

In its first detailed forecasts for the upcoming 2021-22 grain season, the US Department of Agriculture (USDA) has projected US grain and oilseed supplies will remain tight and prices elevated.

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