Informa Economics lowered its forecast for areas under corn cultivation in USA and raised the one for soybean areas.

16 May, 2017
Informa Economics lowered its forecast for areas under corn cultivation in USA and raised the one for soybean areas.
The analysts of Informa Economics lower the forecast for areas under corn cultivation, 2017-2018 crop, in USA, down to 89.716 mln. acres.

Areas under soybeans cultivation will be record for the country - 89.662 mln. acres.

Areas under wheat cultivation are estimated at 45.589 mln. acres, incl. winter wheat 32.747 mln. acres, spring wheat 10.888 mln. acres, hard wheat 1,954 mln. acres.

Corn yield may reach 357.12 mln. tonnes given 384.81 mln. tonnes in the current season, soybean yield - 115.87 mln. tonnes (117.23) and wheat - 49.5 mln. tonnes (62.83).