NEWS
Outlook Numbers Bearish
Katie Micik DTN Markets Editor
Fri Feb 21, 2014 07:55 AM CST

WASHINGTON (DTN) -- In total, USDA expects farmers to plant corn, soybeans and wheat on 227 million acres, which is 1.1 million lower than last year's prevented-planting reduced total. It's what has most analysts scratching their heads at numbers released from USDA's annual Agricultural Outlook Forum.

"Combined planted total acres for corn, soybeans and wheat is suspiciously low at 227 million, so there is a risk that actual plantings will be larger," DTN Analyst Todd Hultman said. USDA released its initial outlook for 2014-15 production, use and ending stocks.

Hultman added these estimates released Friday morning are very early and ...

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