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USDA: Highest corn acreage since 1936 expected
Posted By -NO AUTHOR- On 03/29/2013 @ 1:06 am In Money,U.S. | No Comments
(Associated Press) Farmers intend to plant 97.3 million acres of corn this year, the most since 1936, the USDA’s spring planting survey said Thursday.
The overall corn acreage forecast is up slightly from last year’s 97.2 million acres and reflects a shift in where the grain is grown. Acreage in some states hit hardest by last year’s drought retreated, while Southern states such as Arkansas, Mississippi and Texas are shifting cotton acres to corn.
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