Informa Economics reduced its forecast for wheat fields in the USA, but corn fileds will increase

In its January report, Informa Economics Agency reduced its forecast for wheat fields in the USA in 2017 down to 45.8 mln acres with a forecast in December at 46.6 mln acres. USDA estimates areas of 48.5 mln acres.

The forecast for corn fields increased form 90,151 mln acres to 90,489 mln acres.

The forecast for soybean fields decreased form 88,862 mln acres to 88,647 mln acres.