STAT Communications Ag Market News

U.S. Corn Area May Drop 4%

WASHINGTON - Mar 31/14 - SNS -- Corn growers in the United States intend to reduce seeded area by 4% to 91.7 million acres, according to the USDA's seeding intentions estimates for 2014.

If realized, this will represent the lowest planted acreage in the United States since 2010; however, this will represent the fifth largest corn acreage in the United States since 1944. Expected returns for corn are anticipated to be lower in 2014 compared with recent years.

Colorado, Idaho, Iowa, Kansas, Maine, Massachusetts, and Utah are expected to increase planted acreage from last year. If realized, planted acres in Idaho would be a record high.

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