Global Crop Acreage Expansion: +97.9m since 2018
Agricultural Economics Insights
APRIL 7, 2024
The USDA March Prospective Planting report prompted questions about U.S. acreage in 2024 ( we outline seven factors here ). But don’t spend too much time scratching your head about U.S. acreage, as global expansion has more offset any local declines. This week, we are reviewing and reviewing a two-part post from this year ( Global Acreage Higher Again in 2023 , Part II: The Oilseed Surge ) World Harvested Acres 2.458 billion crop acres were harvested in 2023, a new record high (Figure 1).
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