date:Jun 29, 2012
Analysts on average expect the U.S. Department of Agriculture, in the results of a survey of farmers to be released Friday at 8:30 a.m. EDT, to forecast U.S. corn plantings of 95.96 million acres this year, up from 91.92 million acres last year and the USDA's previous forecast of 95.86 million acres.
Estimates given by 18 analysts in the Dow Jones poll ranged from 94.30 million to 96.76 million corn acres.
The USDA has said its previous estimate for planted corn acreage this year would be the