date:Mar 28, 2013
(29.1 million) will be abandoned. Soybean plantings also are expected to increase 1.5 per cent. Combined corn, wheat and soybean acres this spring are expected to be up about 2 million acres from a year ago.
The Prospective Plantings report will provide one of the first indications as to the kind of corn supply and pricing that we should expect for the 2013-14 marketing year. In its February outlook meetings, USDA used a trend yield of 163.5 million bushels for the upcoming year. With 97.3 mill