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Farmers Plant Record Soybean Crop, Less Corn
DES MOINES, Iowa (AP) - American farmers have planted less corn than in any year since 2010 but more soybeans than ever, as expected.
The U.S. Department of Agriculture says in its annual Acreage Report released Monday that farmers planted 91.6 million acres of corn. That's 4% less than last year but still the 5th largest corn crop planted since 1944.
Analysts expected some farmers to devote more acreage to soybeans because of a drop in corn prices.
The USDA says farmers planted a record high 84.8 million acres of soybeans, up 11% from last year. Record soybean acres have been planted in Michigan, Minnesota, Nebraska, New York, North Dakota, Ohio, Pennsylvania, South Dakota and Wisconsin.
73% of the corn crop is in good to excellent condition, compared with 63% last year.
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