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Farm Futures
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OldIdea
Posted 1/20/2017 09:31 (#5781106 - in reply to #5780960)
Subject: RE: Farm Futures


U.S. 2017 soybean seedings to top 90 million acres -Farm Futures - Reuters News
19-Jan-2017 11:44:30 AM
CHICAGO, Jan 19 (Reuters) - U.S. farmers were poised to plant more than 90 million acres of soybeans this spring, topping the record high set last year by about 7 million acres, a Farm Futures survey of growers indicated on Thursday.

Farm Futures' survey of 1,060 producers projected U.S. soybean plantings at 90.52 million acres, up from 83.4 million in 2016. The survey put U.S. corn seedings at 90.49 million acres, down from the 94.0 million acres farmers planted last year.

If realized, the figures would represent the first time since 1983 that U.S. farmers plant more soybeans than corn.

The survey projected U.S. all-wheat plantings for harvest in 2017 at 45.68 million acres. Farm Futures said the total included the 32.4 million acres of winter wheat that the U.S. Department of Agriculture reported last week.



Change vs

Crop

Acreage

USDA final 2016

Corn

90.49 million

-3.70%

Soybeans

90.52 million

8.50%

Soft Red Winter Wheat

5.7 million

-5.60%

Hard Red Winter Wheat

23.3 million

-12.40%

White Winter Wheat

3.4 million

-4.60%

All Winter Wheat

32.4 million

-10.40%

Spring Wheat

11 million

-5.10%

Durum

2.3 million

-5.10%

All Wheat

45.68 million

-4.10%

Sorghum

5.63 million

-15.80%

Cotton

11.45 million

13.70%

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