Everyone seems to want to know how much corn is going to be planted and what it’s going to be used for. Farm Futures has their producer planting intention survey results out and they say it’s going to be a big one. Thank you ethanol and prices.

Farm Futures estimates corn plantings at 88.4 million acres, up 13% from last year, based on a survey of more than 850 farmers from March 5 to March 12. That’s unchanged from the magazine’s last tally, in January. USDA releases its definitive survey of planting intentions on March 30. The massive shift to corn will come at the expense of soybeans and spring wheat, according to the magazine. Survey results showed farmers plan to put in 68.9 million acres of soybeans, down 9% from last year, and a drop of 600,000 acres from the January estimates. Spring wheat plantings are estimated at 12.7 million acres, a 15% crop from last year. No estimate was made for spring wheat in January. The magazine forecasts total wheat acreage at 58.8 million acres, up from 57.3 million in 2006.