NEWS
Informa: Record Soy Planting
Chris Clayton DTN Ag Policy Editor
Tue Mar 25, 2014 11:14 AM CDT

OMAHA (DTN) -- Farmers will plant 6% more soybean acres this spring while corn acreage will drop 2.4%, according to forecasts released Tuesday by Informa Economics.

Informa and other analyst groups are releasing their acreage forecasts ahead of USDA's Prospective Plantings report that will come out Monday at 11 a.m. CDT. USDA will also release its quarterly Grain Stocks report.

Soybean acres would go to 81.2 million acres, a boost of nearly 4.7 million acres from 2013 soybean planting, Informa said. If those projections are accurate, it would be a record planting for soybeans. DTN Market Analyst Todd Hultman noted ...

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