NEWS
Informa Raises Corn Outlook
Katie Micik DTN Markets Editor
Wed Dec 19, 2012 02:10 PM CST

OMAHA (DTN) -- Informa Economics is calling for corn to be planted on 99 million acres next year, while soybeans will be planted on nearly 79 million acres, according to its December acreage estimate released Wednesday. Informa lowered its estimate of winter wheat seedings from last month, and now estimates 42.2 million winter wheat acres.

The aggregate crop area is relatively unchanged, and Informa noted that "survey indications suggested a stronger desire to plant corn and cotton than previously indicated by Informa's analysts of relative crop economics."

Informa's production projections are 14.8 billion bushels for corn, 3.4 bb for soybeans ...

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