Informa See More Beans & Wheat, Less Corn
Figures released Friday by private analytical firm Informa Economics estimated 2008-09 U.S. soybean planted acreage at 71.3 million, up from the 68.97 million acres it estimated in January. Soybean planted acreage in 2007 was 63.6 million acres, according to the U.S. Department of Agriculture.
Informa estimated 2008 U.S. planted cornacreage at 87.5 million acres, below the 93.6 million planted in 2007 as well as the 90.0 million estimated by the U.S. Department of Agriculture at its Outlook Forum in February.
Informa pegged 2008-09 all wheat plantings at 63.5 million acres, up from 2007 plantings of 60.4 million acres.
The USDA is scheduled to release it's revised report Monday, March 31, at 13:30 GMT.
Informa estimated 2008 U.S. planted cornacreage at 87.5 million acres, below the 93.6 million planted in 2007 as well as the 90.0 million estimated by the U.S. Department of Agriculture at its Outlook Forum in February.
Informa pegged 2008-09 all wheat plantings at 63.5 million acres, up from 2007 plantings of 60.4 million acres.
The USDA is scheduled to release it's revised report Monday, March 31, at 13:30 GMT.
