USDA’s 2022 Ag Outlook Forum opened on Thursday with the agency predicting farmers will plant 92 million acres of corn, which is slightly lower than a year ago. Soybean acres are projected to hit 88 million acres, up 0.8 million acres from last year. 

Wheat area is above a year ago with increases for both winter and spring wheat and at 48 million acres would be the highest since 2016.

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