January 23, 2012

US 2012 corn acreage forecast up to 94.748 million acres

US 2012 corn planting forecast has been raised by private analyst Informa Economics to 94.748 million acres, up from its previous monthly estimate of 94.4 million, trade sources said on Friday (Jan 20).

Informa trimmed its forecast of US 2012 soy plantings to 74.568 million acres from its previous forecast of 74.608 million.

The firm raised its forecast of US 2012 all-wheat seeding to 57.9 million acres, from 57.1 million previously.

Informa officials would not comment on the figures.