NEWS
Informa Drops Bean Acres
Wed Jun 19, 2013 11:32 AM CDT

CHICAGO (Dow Jones) -- U.S. farmers will plant 95.262 million acres of corn and 77.756 million acres of soybeans in 2013, according to projections by private analytical firm Informa Economics.

Informa's corn-acreage estimate is down 1.9 million from last year, and 2.02 million below the U.S. Department of Agriculture's estimate in March of 97.282 million.

Unfavorable spring weather not only resulted in delayed plantings, it also caused a shift in planting intentions, or in some cases, resulted in prevented plantings, Informa said, according to trade sources.

The firm's soy-acreage forecast is up 558,000 acres from last year, 630,000 acres above ...

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