NEWS
USDA Reports Flash
Katie Micik DTN Markets Editor
Fri Jun 28, 2013 11:00 AM CDT

WASHINGTON (DTN) -- USDA increased its corn acreage estimate to 97.38 million acres from its March forecast of 97.28 ma, higher than the highest pre-report trade estimate.

Most analysts believed USDA would reduce acres because of the waterlogged planting progress, or lack thereof, in prime growing areas of Iowa and Minnesota. Pre-report estimates ranged from 94.2 ma to 96.4 ma.

USDA said farmers will plant soybeans on 77.73 ma, a record high. All wheat acres increased 1% from last year to 56.53 ma. Cotton acres declined 17% from last year with total planted area estimated at 10.3 ma.

USDA also ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Wheat, Bean Numbers Bullish
Getting to the Root of Residual
USDA Weekly Crop Progress
USDA Reports Summary
USDA Report Flash
USDA Reports Preview
USDA Weekly Crop Progress
Farming on the Mother Road - 2
View From the Cab
Newsom on the Market