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foreign [Music] USDA held its annual AG Outlook Forum during the last full week of February as part of the Forum USDA releases initial supply and demand projections for the forthcoming United States Grand marketing year USDA projects that U.S farmers will plant 91 million acres of corn in 2023 while this number is really nothing more than an educated guess and is not based on Farmers surveys a year-over-year increase in U.S corn Acres appears likely given projected on-farm margins relative to other competing crops USDA projects based on the Assumption of normal weather that U.S farmers will yield a record 181.5 bushels per acre of corn nationally the yield projection was met with skepticism from some given lingering drought in areas of the western Corn Belt and U.S planes the report projects that the U.S corn supply and demand situation will loosen drastically this year although weather will need to cooperate USDA assumes what it considers to be a normal demand scenario in regard to t