November 17, 2008

US seen to plant more corn, soy in 2009


Private analytical firm Informa Economics on Friday (November 14) predicted US farmers will plant more corn and soy in the 2009-10 crop year than they did in 2008-09.


Informa estimated corn plantings at 86.8 million acres and soy plantings at 77.2 million acres, grain industry members said. The US Department of Agriculture's latest estimates put 2008-09 corn plantings at 85.9 million acres and soy plantings at 75.9 million acres. Corn and soy are planted in the spring.


Informa estimated 2009-10 all-wheat plantings at 60.1 million acres, down from the USDA's estimate for 63 million acres in 2008-09. Winter wheat is planted in the fall for harvest in the spring, while spring wheat is planted in the spring for harvest at the end of the summer.

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