March is final decision time for farmers.
The answers as to how much of which crop are about to go in the ground as determined by USDA’s annual Prospective Plantings Report will be known in a week. One of the most-anticipated reports of the year, this report gives detailed insight about what exactly will be planted this season.
Since the first of the month surveyors have been contacting about 80,000 growers around the country to get that kind of precise number since, as always, lots of projections – educated guesses – are floating around out there. The responses are now being analyzed and made ready for presentation on March 31st at noon.
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