NEWS
Informa Projects Record Soybean Acreage
Katie Micik DTN Markets Editor
Fri Oct 18, 2013 12:11 PM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics forecasts that farmers will plant 7 million more acres to soybeans in 2014 than they did in 2013. If realized, Informa's estimate of 83.9 million soybean acres would be a record.

Using a "trend-type" yield of 44.5 bushels per acre, next year's soybean production could swell to 3.7 billion bushels, Informa's report stated.

Corn acreage is expected to fall 4.3 million acres next year to 91.7 ma as corn's potential net revenue per acre falls below soybeans' prospects. Informa estimates that U.S. growers will produce 13.7 bb of corn in 2014 using ...

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