By Tom Polansek – Farmers in Iowa and Illinois, which accounted for almost 30 percent of U.S. corn production in 2012, are expected to shift some acreage that was seeded exclusively with corn over the past several years to soybeans this spring. They want to avoid another year of potentially significant losses as dry conditions persist, said agricultural market analysts and economists.
A move away from corn in those states may further drive up world food prices, which are already historically high. more> http://tinyurl.com/aoc8xtx
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