IHS Markit is forecasting U.S. corn acreage at 96.8 million. That bearish number is up from the USDA’s latest estimate of just over 91 million acres. For soybeans, IHS Markit expects acreage to come in at 88.4 million. That’s down from USDA’s latest estimate of 87.6 million acres. IHS Markit formerly was known as Informa Economics.
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