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Article: Corn filling more acres this year
- Article from:
- The Pantagraph Bloomington, IL
- Article date:
- July 1, 2009
- Author:
CopyrightCopyright 2009 The Pantagraph Bloomington, IL. Provided by ProQuest LLC. (Hide copyright information)
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ST. LOUIS - Farmers planted an unexpectedly large crop of corn
and soybeans this year, easing some fears of rising food costs.
The U.S. Department of Agriculture said Tuesday a record 77.5
million acres of soybeans were planted through June, up 1.8 million
acres from last year. Farmers also planted 87 million acres of corn,
up 1 million acres from last year and the second-largest corn
acreage in more than 60 years.
The unexpected boost in planting could mean crop supplies won't
be as tight this year as many analysts feared a few months ago.
Lower commodity prices would be welcomed by ethanol makers and meat
companies that have been stung by higher feed prices over the last
two years.
The ...