US 2022 cotton planted area estimated higher by 11% y/y at 125.2 million acres

NEW DELHI, June 30 (Commoditiescontrol) - The US Department of Agriculture has estimated US cotton acreage in 2022 at 125.2 million acres, up 11 percent from last year.

USDA said that corn plantings totaled 89.921 million acres and soybean plantings totaled 88.325 million acres. Analysts were expecting the report to show corn acreage at 89.861 million and soybean acreage at 90.446.

In March, USDA said that farmers had planned to plant 89.490 million acres of corn and 90.955 million acres of soybeans, with lower fertilizer costs for the oilseed seen as incentive for seeding soy.

Corn planted area for all purposes in 2022 is estimated at 89.9 million acres, down 4 percent or 3.44 million acres from last year. Compared with last year, planted acreage is expected to be down or unchanged in 35 of the 48 estimating States. Area harvested for grain, at 81.9 million acres, is down 4 percent from last year.

Soybean planted area for 2022 is estimated at 88.3 million acres, up 1 percent from last year. Compared with last year, planted acreage is up or unchanged in 24 of the 29 estimating States.

All wheat planted area for 2022 is estimated at 47.1 million acres, up 1 percent from 2021. If realized, this represents the fifth lowest all wheat planted area since records began in 1919. The 2022 winter wheat planted area, at 34.0 million acres, is up 1 percent from last year, but down 1 percent from the previous estimate. Of this total, about 23.5 million acres are Hard Red Winter, 6.86 million acres are Soft Red Winter, and 3.61 million acres are White Winter. Area expected to be planted to other spring wheat for 2022 is estimated at 11.1 million acres, down 3 percent from 2021. Of this total, about 10.4 million acres are Hard Red Spring wheat. Durum planted area for 2022 is expected to total 1.98 million acres, up 21 percent from the previous year.

Cotton All cotton planted area for 2022 is estimated at 12.5 million acres, up 11 percent from last year. Upland area is estimated at 12.3 million acres, up 11 percent from 2021. American Pima area is estimated at 156,000 acres, up 23 percent from 2021.

(By Commoditiescontrol Bureau)