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Acreage report shows few corn acres to beans

USDA released its much-anticipated June Acreage report on Friday, June 28, 2013. Because of wet planting conditions across much of the Corn Belt, including Iowa and Illinois, many expected about 2 million fewer acres of corn would be planted than reported in the March Prospective Plantings report, with about half of those lost corn acres being switched to soybeans. However the report indicated that did not occur, said Darrell R. Mark, Adjunct Professor of Economics at South Dakota State University. Read More »

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