U.S. and Nebraska Acreage Report for 2024

Jul 8, 2024

U.S. Acreage REPORT

 

The U.S. Department of Agriculture's National Agricultural Statistics Service (NASS) estimated 91.5 million acres of corn planted in the United States for 2024, down 3% from last year, according to the acreage report released June 28. Soybean area planted is estimated at 86.1 million acres, up 3% from last year. 

 

Following up on the Prospective Plantings report released in March, NASS surveyed approximately 9,000 segments of land and nearly 64,000 farm operators during the first two weeks of June to gather information on what farmers actually planted. Key findings released in the acreage report include:

Soybeans

  • Soybean harvested area for 2024 is estimated at 86.1 million acres, up 3% from last year.
  • Producers planted 96% of the soybean acreage using herbicide resistant seed varieties, up one percentage point from 2023. 

Corn

  • Growers expect to harvest 91.5 million acres of corn for grain, down 3% from 2023.
  • Ninety-four percent of all corn acres planted in the United States are biotech varieties, up from 93% in 2023. 

Cotton

  • All cotton planted area for 2024 is estimated at 11.7 million acres, 14% above 2023.
  • Upland cotton planted is estimated at 11.5 million acres, up 14% from last year. 
  • American Pima planted area is estimated at 182,000 acres, up 24% from 2023.
  • Ninety-six percent of upland cotton planted acres are biotech varieties, down 97% from last year. 

Wheat

  • All wheat planted area for 2024 is estimated at 47.2 million acres, down 5% from last year.
  • Winter wheat planted area is estimated at 33.8 million acres, down 8% from 2023.
  • Other spring wheat planted area is estimated at 11.3 million acres, up 1% from 2023.
  • Durum wheat planted area is estimated at 2.17 million acres, up 29% from last year. 

NASS also released the quarterly Grain Stocks and Rice Stocks reports to provide estimates of on-farm and off-farm stocks as of June 1. Key findings in those reports include: 

 

Grain Stocks

  • Corn stocks totaled 4.99 billion bushels, up 22% from the same time last year. 
  • On-farm corn stocks were up 37% from a year ago, and off-farm stocks were up 4%. 
  • Soybeans stored totaled 970 million bushels, up 22% from June 1, 2023. 
  • On-farm soybean stocks were up 44% from a year ago, while off-farm stocks were up 6%. 
  • All wheat stored totaled 702 million bushels, up 23% from a year ago. 
  • On-farm all wheat stocks were up 12% from last year, while off-farm stocks were up 27%. 
  • Durum wheat stored totaled 21.1 million bushels, down 24% from June 1, 2023. 
  • On-farm stocks of Durum wheat were down 22% from June 1, 2023. 
  • Off-farm stocks of Durum wheat were down 26% from a year earlier. 

Rice Stocks

  • Rough rice stocks totaled 2.73 million metric tons, up 37% from June 1, 2023.
  • On-farm rice stocks were up 22% from a year ago, while off-farm stocks were up 39%. 
  • Long grain rice varieties accounted for 55% of the total rough rice, medium grain accounted for 44%, and short grain varieties accounted for 1%.
  • Milled rice stocks totaled 218,270 metric tons, down 7% from a year ago. 
  • Milled rice stocks were comprised of 160,980 metric tons of whole kernel rice and 57,290 metric tons of second heads, screenings, and brewers rice.

 

Nebraska Acreage REPORT

 

  • Soybean planted acreage is estimated at 5.30 million acres, up 1% from last year. Of these, 95% were planted with genetically modified, herbicide-resistant seed, up 2 percentage points from 2023. Producers expect to harvest 5.25 million acres, up 1% from a year ago.
  • Nebraska producers planted 10.1 million acres of corn for all purposes, according to the USDA's National Agricultural Statistics Service. This is up 2% from last year. Of the total acres, 96% were planted with biotechnology varieties, up 2 percentage points from 2023. Area to be harvested for grain is estimated at 9.70 million acres, up 2% from a year ago. 
  • Winter wheat planted in the fall of 2023 is estimated at 1.00 million acres, down 12% from last year. Harvested area is expected to total 900,000 acres, up 2% from a year ago. 
  • Alfalfa acreage to be harvested for dry hay is estimated at 930,000 acres, up 9% from last year. Other hay acreage to be cut for dry hay is estimated at 1.64 million acres, up 14% from a year ago. 
  • Sorghum planted for all purposes is estimated at 340,000 acres, unchanged from the previous year. Area to be harvested for grain is estimated at 270,000 acres, up 20% from last year. 
  • Oats planted for all purposes is estimated at 150,000 acres, down 3% from last year. Area to be harvested for grain is estimated at 32,000 acres up 33% from last year. 
  • Dry edible bean planted acreage is estimated at 105,000 acres, up 5% from last year. Harvested acres are estimated at 98,000 acres, up 7% from the previous year.
  • Proso millet planted, at 145,000 acres is down 6% from a year ago.
  • Sugarbeet planted acres, at 47,000 acres, are up 1% from last year. Harvested area is forecast at 46,000 acres, down 1% from a year ago.
  • Oil sunflower planted area is estimated at 30,000 acres, down 3% from last year. Harvested area is estimated at 28,000 acres, down 7% from a year ago. Non-oil sunflower planted area is estimated at 5,000 acres, down 41% from the previous year. Harvested area is estimated at 5,000 acres, down 33% from the previous year.
  • Dry edible pea planted acres are estimated at 27,000 acres, up 29% from last year. Harvested acres are estimated at 24,000 acres, up 26% from the previous year. 
  • Potato planted acreage is estimated at 21,000 acres, down 5% from last year. Harvested acreage is forecasted at 20,900 acres, down 5% from a year ago.

The estimates of planted and harvested acreages in this news release are based primarily on surveys conducted during the first two weeks of June.