NCSB
NCSB
Acreage Projections for U.S. 2010 Crops
 February 19th, 2010
 

02/18 08:29 CST FACTBOX-Acreage projections for U.S. 2010 crops

 2-18-2010 09:29 FACTBOX-Acreage projections for U.S. 2010 crops

Feb 18 (Reuters) - U.S. Agriculture Department on Thursday projected U.S. farmers will plant 89.0 million acres of corn this year, up from its previous forecast of 88 million acres.

At its two-day annual outlook forum in Washington D.C., USDA forecast that 77.0 million acres will be planted with soybeans, up from its previous estimate of 76.5 million.

It projected wheat sowings at 53.8 million acres this year, down from the previous 55 million.

USDA is scheduled to release its annual prospective plantings report on March 31.

Here is a table of U.S. acreage projections, in millions of acres:

                                                            Corn       Soybeans     Wheat

USDA 2009 final                                     86.5         77.5            59.1

    2010:

USDA outlook forum data                       89.0         77.0            53.8

USDA baseline projections                     88.0         76.5           55.0

USDA budget proposal                           88.0         76.5           55.0

Allendale Inc                                            90.83       79.25         n/a

American Farm Bureau Fed.                   90.0         77.0           55.0

Farm Futures                                           89.48       79.99         52.2

Informa Economics*                                89.647      77.919       n/a

Linn Group                                               92.5          79.0          53.2
 * from trade sources

 (Reporting by Julie Ingwersen)
 ((julie.ingwersen@thomsonreuters.com; +1 312-408-8720; Reuters Messaging:
julie.ingwersen.reuters.com@reuters.net))

Keywords: GRAINS ACREAGE/FACTBOX
  RIC: N2_UBMS   PNAC: nN18194406

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