NEWS
Informa Ups Corn Acreage Again
Katie Micik DTN Markets Editor
Sat Jan 19, 2013 03:38 PM CST

OMAHA (DTN) -- Private analytical firm Informa Economics upped its expectations Friday for U.S. corn acreage to 99.3 million acres while lowering its soybean acreage estimate to 78.8 million acres.

Response to Informa's surveys show "a stronger intention to plant corn than Informa's analysis of historical economic response would imply, particularly in the Western Corn Belt," the acreage report stated, continuing a trend it noted in December.

The report comes on the heels of improving Brazilian soybean crop prospects. On Thursday, Brazilian forecaster Agroconsult forecast production at 84 million metric tons, above the range of expectations from 80-83 mmt, citing ...

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