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
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Avian Flu Confirmed in Wash. Wild Birds
USDA Reports Summary
USDA Reports Preview
Inspections Bullish for Corn
Rookies at Risk - 2
USDA Weekly Crop Progress
USDA Weekly Crop Progress
USDA Reports Summary
GE Potato Gets USDA OK
USDA Reports Preview