Farmers in the US are expected to plant significantly fewer corn crops than last year, pushing the price up to a record high of $6 a bushel, the US Department of Agriculture (USDA) warned last week.
The news indicates even more pressure on food manufacturers, many of whom are struggling to stave off margin deterioration amidst higher prices for commodities and input materials.
The USDA report claims that farmers are turning to soybeans, a much more lucrative crop than corn. Soybean acreage will this year increase 18 percent to 74.8m acres, the organisation said.
US farmers in 2008: less corn, more soybean
Like to receive news like this by email? Join and Subscribe!
Get the latest potato industry news straight to your WhatsApp. Join the PotatoPro WhatsApp Community!
Related News
July 28, 2026
Why Utz Is Intersnack’s Gateway to the USD 42 Billion US Snack Market
Intersnack Group has agreed to acquire Utz Brands in a deal valued at about USD 2.9 billion. The acquisition will give Intersnack its first major presence in the US snack market, subject to shareholder and regulatory approvals.
July 21, 2026
Intersnack Group to Acquire Utz Brands in USD 2.9 Billion Take-Private Deal
Intersnack Group will acquire Utz Brands in an all-cash USD 2.9 billion take-private deal. After closing, Intersnack and the Rice and Lissette Family will each own 50% of Utz, expanding the company's position in the United States snack market. ahead.
July 08, 2026
Pringles launches limited-edition potato-based Pop Dog Buns in three signature crisp flavors
Pringles launched limited-edition Pop Dog Buns, potato-based hot dog buns inspired by Sour Cream & Onion, BBQ and Honey Mustard crisps. The buns will be offered free with a Pringles Three-Pack on July 8 and July 15, while supplies last.
