Informa Slash 2009 US Corn Acres

Memphis-based research firm Informa Economics said Friday that US growers will sow 4.2 percent fewer corn acres in 2009, dropping to the smallest total in four years, and increase soybean acreage by 7.3 percent.

The gross returns on soybeans since September are $182-an-acre better than on corn, the private forecaster said.

Corn will be planted on 82.288 million acres, down from 85.889 million in 2008, according to Informa. Soybeans will be sown on a record 81.455 million acres, up from 75.878 million this year, they added.