Thanks to an improving price outlook, U.S. growers appear ready to increase plantings of corn, soybeans and wheat for harvest in 2011, according to Farm Futures’ first survey of new crop acreage intentions for the coming year.
Survey results were released this week.
The survey found that corn acres could increase almost 2 percent in 2011, to 89.5 million acres, compared with 87.9 million acres sown this spring. That would be the second biggest crop put in since the end of World War II.
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