Tuesday, December 16, 2008

Breaking News-RTRS-UPDATE 1-Informa sees fewer U.S. corn acres in 2009

CHICAGO, Dec 12 (Reuters) - Analytical firm Informa Economics sees fewer U.S. corn acres for 2009 and more soybeans as the higher cost to plant corn versus soybeans was encouraging farmers to seed soy over corn, trade sources said on Friday.
Informa estimated U.S. corn acreage at 82.288 million and soybeans at 81.455 million, traders said.