USDA Forecasts Little Change for Soybean Acreage in 2012

Sunday, February 26th, 2012

Soybean supplies for 2012/13 are projected at 3,540 million bushels, up 8 percent from 2011/12 as both beginning stocks and production are expected to be larger.

Soybean production is projected 6 percent higher at 3,250 million bushels due to increased harvested area and yield.

Soybean plantings are projected unchanged from 2011 at 75 million acres.

Read More: Southeast Farm Press