STAT Communications Ag Market News

32% Drop in Bean Seedings Intended

WASHINGTON - Mar 31/11 - SNS -- Dry edible bean seedings in the United States will plunge by almost one third if farmers stick with their seeding intentions, according to the USDA's seeding intentions estimates for 2011.

Growers intend to plant 1.30 million acres in 2011, down 32% from last year. The decrease in planted acres can be mainly attributed to increased acreage intentions for competing crops, including corn and wheat.

Acreage declines are expected in 16 of the 18 dry bean estimating States. In North Dakota, the largest producing State, growers intend to plant 350,000 fewer acres, which is the largest decrease from last year. Both Michigan and Minnesota are showing acreage decreases of 24%, while Nebraska growers reported a 26% decline.

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