Corn, wheat, soybean acres to be up, says USDA

Washington-Corn acreage should be 92 million acres in 2011, according to statistics released Friday morning, Feb. 25, at the USDA Agricultural Outlook Forum. This is up 3.8 million acres from 2010, and would be the highest planting since 2007’s 93.5 million acres. USDA projects wheat acres to move up 3.4 million acres, to 57 million acres. Soybean acreage will see a 600,000 acre increase, to 78 million acres. Rice, however, is projected to see a 21 percent drop from 2010 to 2.88 million acres, the lowest in four years. For a detailed presentation of these projections, sign up for the Green Markets 2011 Agriculture & Fertilizer Outlook March 1 Webinar; see our ad on page 12.