NEWS
USDA Forecasts Big Shift to Soybeans
Alan Brugler DTN Contributing Analyst
Tue Apr 1, 2014 04:41 PM CDT

You probably already have seen the key numbers from the USDA Planting Intentions report Monday morning. Intended acreage for corn is 91.691 million acres, down 3.674 million from last year. Intended soybean plantings are up 4.96 million from last year to 81.493 million acres. That is a 6% jump, and also 1.286 million more than were lost by corn. Sorghum, winter wheat and barley also lost some ground to create room for the beans.

Keep in mind that U.S. acreage is not a zero-sum game. The total for principal crop acres was 324.8 million last year, despite more than 4 ...

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