U.S. farmers are preparing for another challenging year as low crop prices and rising production costs continue to squeeze profits.
Even after last year’s record corn harvest pushed prices down, growers are expected to reduce corn plantings only slightly in 2026, viewing the crop as their best chance to break even.
Corn remains the most widely planted crop in the United States, supported by strong domestic demand and steady use by ethanol producers. Many farmers say soybeans currently carry more risk, especially as competition from Brazil increases and trade relations with China remain uncertain.
“Right now, soybeans are very difficult to make money on,” said one Nebraska farmer, noting that corn offers more stability — though profits still depend on high yields or improved prices.
Most Midwest farmers rotate crops to maintain soil health, but for flexible acreage, corn is emerging as the preferred choice. Analysts estimate U.S. corn plantings in 2026 will remain near historic highs, even after a modest decline from last year’s record levels.
Government data revisions earlier this year, combined with higher-than-expected yields and large grain supplies, weighed heavily on prices. Still, strong export sales and biofuel demand have helped prevent further declines.
Corn futures for the 2026 harvest are currently hovering near break-even levels, signaling that markets expect farmers to keep corn acreage relatively stable.
Meanwhile, soybean markets face additional uncertainty as Brazil brings in a record harvest and global trade dynamics shift. Economists say political and trade risks make soybeans less predictable compared to corn.
As farmers finalize their planting plans, many are focusing on cutting costs rather than expanding operations, delaying equipment purchases and reducing input use where possible — while continuing to prioritize corn as their most reliable option.
