In a surprise, farmers to cut corn and soy plantings by 2 percent

U.S. farmers intend to sow 3 million fewer acres of corn and soybeans this year than in 2017, said the USDA in its annual Prospective Plantings report, a surprising development that could draw down overly abundant U.S. stockpiles and bolster weak commodity prices. Corn and soybeans, the two most widely planted crops in the nation,… » Read More