STAT Communications Ag Market News

Record U.S. Soybean Acreage

WASHINGTON - Mar 31/14 - SNS -- Soybean planted area for 2014 is estimated at a record high 81.5 million acres, up 6% from last year, according to the USDA's seeding intentions estimates for 2014.

Compared with last year, planted acreage intentions are up or unchanged across all States with the exception of Missouri and Oklahoma.

The largest increase is expected in North Dakota where farmers intend to plant a record high 5.65 million acres, an increase of one million acres from 2013. Compared with last year, large increases in planted area are also expected in Minnesota and Nebraska. If realized, the planted area in Nebraska, New York, Pennsylvania, South Dakota, and Wisconsin will also be the largest on record.

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