Farmers Switch Crops Amid War's Impact

0:00It's March 31st, Canada news today starts now, AI-powered and ready. I'm Cory with the story. US farmers are switching gears for 2026, planning to plant less corn and more soybeans because the war with Iran is jacking up. Fertilizer and fuel costs hitting the ag sector hard. The USDA dropped its first survey-based estimate, Tuesday, showing corn acres at $95,338,000 down from. 98,788,000 last year, while soybeans jumped to 84,700,000 from 81,215,000. Analysts say that March survey missed some warfall out, so corn numbers could drop even more and soybean futures spiked since the soy estimate be. Expectations lower, giving speculators a boost amid wheat grain prices and trade tensions with China. Farmers rotate corn and soy to keep soil healthy, but high input costs and low commodity prices mean tight margins for the fourth year straight even.

1:04With government aid like the $12 billion from the Trump Admin, grain stocks are up to, with corn and $9 billion 24 million bushels, soy beans at $2,105 million and wheat at $1,300 million as of March 1st, keeping supplies ample but risks building for higher prices down the line.