Corn Acreage Highest Since 1936 as Farmers Rebound From Drought
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Corn farmers in the U.S., the world’s biggest producer, planted the most acres since 1936 this year, more than a prior government forecast, as growers responded to low stockpiles with more planting.
About 97.379 million acres (39.4 million hectares) were planted, up from 97.282 million forecast in March and 97.155 million last year, the U.S. Department of Agriculture said today after surveying farmers this month. The average estimate of 34 analysts in a Bloomberg News survey was 95.431 million acres.