By Tom Polansek April 2, 202612:47 AM GMT+8
https://www.reuters.com/world/us/us-farmers-plant-less-corn-iran-war-spikes-fertilizer-prices-2026-04-01/
Corn is harvested from a field in Roachdale, Indiana, U.S. October 29, 2019. REUTERS/Bryan Woolston/File Photo Purchase Licensing Rights
- USDA publishes first survey-based US plantings estimates
- Iran war hikes prices for fertilizer needed for planting corn
- Analysts say survey does not fully reflect war impact
- USDA may cut corn planting estimate later, analysts say
CHICAGO, March 31 (Reuters) – U.S. farmers plan to plant less corn and more soybeans in 2026 than last year, the U.S. Department of Agriculture said, as the Iran war drives up fertilizer and fuel prices in the latest blow to the struggling agricultural sector.
The agency published on Tuesday its first survey-based crop acreage estimate of the year in a prospective plantings report, along with quarterly U.S. grain stocks data.