USDA forecasts increase in soybean acres
The U.S. Department of Agriculture predicts that U.S. farmers will plant more soybean acres this crop year with less earmarked for corn and wheat. During the agency’s Agricultural Outlook Forum, USDA economist Jake Vuillemin said the three crops are expected to cover 225.5 million acres, a decrease of 2.3 million, but still above the five-year average. Wheat acres have the largest anticipated decline at 5% to 47 million acres, while corn acres are expected to decline 4% to 91 million […]
