NEWS
Informa Trims Corn Estimate
Katie Micik DTN Markets Editor
Fri Mar 22, 2013 11:41 AM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics revised its forecast for corn acreage to 97.75 million acres, a 1.6 million acre drop from its January estimate but a nearly 600,000-acre increase from last year.

"Informa's latest review implies farmers will plant fewer total crop acres than implied by previous analyses, largely in the form of fewer corn acres," the report stated. "This is consistent with what economic returns would suggest as corn's net revenue premium over soybeans (and other major row crops) has declined since Informa's mid-January acreage survey."

Informa expects North and South Dakota will plant 400,000 fewer ...

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