date:Apr 01, 2014
U.S. farmers intend to boost 2014 soybean planted area by 6% and to a record high 81.5 million acres but reduce corn plantings by 4% and all wheat acreage by 1% from 2013, the U.S. Department of Agriculture said in its March 31 Prospective Plantings report.
Growers intend to plant a record high 81,493,000 acres of soybeans in 2014, up 6% from 76,533,000 acres in 2013 and slightly above the average trade estimate of 81.4 million acres.
Farmers indicated they intend to plant 91,691,000 acres of