Spring Wheat Planting Acreage Rises

Spring Wheat Acreage

In somewhat of a surprise, spring wheat acreage will be higher by about 5 percent, although estimates of wheat plantings for the year are that they'll be down by 9 percent, according to the Planting Intentions Report.

Total acreage to be planted includes hard red and white wheat, and will come in at 13.9 million acres.

Although the final numbers aren't in yet, not much is expected to change in any major way.

This is surprising in light of the continuing downward pressure on wheat prices. It seems farmers would wisen up and plant another crop they can actually make money on.