Survey says more corn, less soybeans in 2016
Another planting intentions survey suggests more corn and less soybean acres for the U.S. in 2016.
Farm Futures magazine released the results of a nationwide survey of more than 1,200 growers Thursday–and while tight margins could reduce overall acreage–respondents indicated a 2.3 percent jump in corn acres from 2015 at 90 million.
Following back-to-back record soybean acreage and yields–the survey says farmers will plant 82 million acres in 2016–slightly less than a year ago.
Of the other major cash crops, only white winter wheat and cotton are expected to see increased acreage in 2016 compared to last year.
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