NEWS
Informa: 2015 Bean Acres Up 4.3 Million
Katie Micik DTN Markets Editor
Fri Oct 17, 2014 12:02 PM CDT

OMAHA (DTN) -- Farmers will likely shift acres from corn to soybeans in 2015 because of the more favorable economics, a report from private analytical firm Informa Economics said.

Informa forecasts corn acreage will decline 3.1 million acres from 2014 to 87.8 ma, while soybean acreage will climb 4.3 ma to 88.5 ma.

"The expectation that corn acres will be less than 2014's 90.9 million acres helps to give corn prices support at these lower levels, but is not necessarily bullish by itself," Hultman said. "The expectation that soybean acres will be increased from 2014's planting of 84.2 million acres ...

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