NEWS
Informa Trims Corn Acres, Ups Beans
Katie Micik DTN Markets Editor
Fri May 17, 2013 11:55 AM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics expects farmers will plant 455,000 fewer acres of corn than USDA suggested in its Prospective Plantings report in March. Soybean acreage is likely to increase 1.2 million acres, while spring wheat acres are expected to be 300,000 acres fewer.

"Warm and dry weather last season allowed for rapid planting progress and low prevented plantings. This year's weather has not been as cooperative with a wet, cool start delaying spring row crop plantings," the report stated. "There appears to have been some switching from corn to soybeans (primarily in Minnesota, North Dakota and ...

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