Nebraska Corn Farmers To Invest Nearly $3.1 Billion To Plant 9.85 Million Acres

LINCOLN, Neb. – Nebraska corn farmers will plant 9.85 million acres of corn in 2024 according to the March Prospective Plantings report released by the U.S. Department of Agriculture (USDA). If these planting estimates hold up, Nebraska corn farmers will invest nearly 3.1 billion dollars into the state’s economy over a two-month period as calculated by the University of Nebraska - Lincoln’s crop budgets. This total is a result of inputs, such as seed, fuel and fertilizer, but does not include land costs, labor or equipment. Despite the seemingly high investments now, the full economic impact w...