Soy plantings larger than expected, corn is smaller

U.S. farmers intend to plant more land to soybeans and less to corn than traders expected, the Agriculture Department said, based on a survey of 84,000 growers nationwide. In its annual Prospective Plantings report, USDA pegged soybean plantings at a record 81.5 mln ac, up 7 pct from last year and 0.5 pct more than traders expected.… » Read More

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