Corn That Won't Get Planted This Year Could Shatter All U.S. Records
- Prevented plant claims could surge to about 6 million acres
- Corn planting pace is slowest on record amid relentless rain
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For months, traders debated which crops U.S. farmers would sow this year. That discussion is now turning to how many acres may be left unplanted as relentless rainfall sweeps the Midwest.
Rabobank is predicting an unprecedented number of unplanted acres of corn, the most widely grown American crop. A Bloomberg survey of 10 traders and analysts indicates growers could file insurance claims for about 6 million corn acres they haven’t been able to sow, almost double the record in 2013.