Farmers to plant more corn, soybeans - WKOW 27: Madison, WI Breaking News, Weather and Sports

Farmers to plant more corn, soybeans

KANSAS CITY, MO. (WKOW) -- Farmers will plant more corn and a record soybean crop this year, which should mean lower food prices down the road.

The U.S. Agriculture Department gave its 2010 crop estimate on Wednesday.

Farmers plan to plant a record 78.1 million acres of soybeans and 88.8 million acres of corn.

The total area planted in major food crops nationwide will hold steady at 319.5 million acres, after declining 5.7 percent in 2009.

The increases could boost year-end reserves of the major food crops and ease fears of food shortages after high demand from the ethanol industry and overseas consumers drew down supplies two years ago.


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