Spencer, IA: (Oct 23, 2012) - Closely-watched crop forecaster Informa Economics says U.S. farmers are likely to plant 80 million acres to soybeans and 97.5 million acres to corn next year.
 
Informa said the corn figure was about the same as its previous guess, but the projected soybean acreage is up 115,000 acres from its last forecast.
 
Informa expects all wheat acreage in 2013 to be down 315,000 from its last estimate.
 
Informa’s numbers imply record production of corn at 14.6 billion bushels (bbu) and record soybean production of 3.5 bbu.