Gro’s US Planting Intentions Model allows users to project how much crop will be available in the coming year based on producers’ planting intentions for each of the major crops. The model can also be used to predict demand for agricultural inputs. Model results are available 3 to 4 weeks before the USDA’s Prospective Plantings report is released.
Customers Use the Model to
Why It Matters
Farmers adjust their planting decisions each year based on commodity prices, weather, and crop rotation practices. These planting intentions are important to a range of companies for forecasting regional demand for seed and crop protection and in planning for future seasons. The US is one of the largest agricultural producers globally, and changes in US planting intentions impact crop supply and prices worldwide. Utilizing a variety of current and historical datasets within the Gro Portal, including local new crop cash prices, Gro is able to predict US planting intentions for US corn and soybeans at the state level, cotton at a regional level, and total US spring and durum wheat.