Monday, December 21, 2009

Breaking News-RTRS-Informa sees more US corn acres in 2010, less soy

CHICAGO, Dec 18 (Reuters) - Analytical firm Informa Economics expects an 3.7 percent increase in U.S. corn plantings in 2010, while soybean seedings should drop by 0.7 percent, trade sources said Friday.
Informa estimated 2010 U.S. corn acreage at 89.504 million and soybeans at 76.993 million, traders said.
In 2009, U.S. farmers planted 86.4 million acres of corn and 77.5 million acres of soybeans, the U.S. Department of Agriculture has said.