USDA projects 5-percent leap in record soybean plantings

U.S. farmers are projected to plant 88 million acres of soybeans, up 5 percent from the record set last year, while cutting back on corn and wheat, said USDA chief economist Robert Johansson. Futures prices indicate soybeans will be more profitable than corn and wheat this year. The spate of low commodity prices will push… » Read More

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