Corn acreage may fall while soybean seedings seen at record high

By Agri-Pulse staff

© Copyright Agri-Pulse Communications, Inc.



WASHINGTON, March 31, 2014 - U.S. farmers intend to plant 91.7 million acres with corn this year, down 4 percent from 2013, USDA said today. If realized, the figure would be the lowest since 2010, yet still the fifth-largest planted acreage since 1944, the department said.

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The area planted with soybeans may rise 6 percent to a record 81.5 million, USDA said. Planted acreage intentions are up or increased in every soybean growing state except Missouri and Oklahoma. Corn and soybeans are the nation's two most valuable crops, in that order.

The USDA report on planting intentions is based primarily on surveys conducted in the first two weeks of March. It includes a sample of over 84,000 farm operators. The department will report on actual plantings in late June.

Here are the results of the planting intentions survey for other major crops:

-All-wheat: 55.8 million acres, down 1 percent form 2013.

-Cotton: 11.1 million acres, up 7 percent.

-Rice: 2.88 million acres, up 16 percent.

-Sorghum: 6.7 million acres, down 17 percent.

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