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Soybeans to make up for fewer corn acres planted in ’14

Nebraska corn growers intend to plant 9.40 million acres this year, down 6% from 2013, according to the USDA’s National Agricultural Statistics Service.

Soybean planted acreage is expected to be a record high 5.40 million acres, up 13% from last year.

All hay acreage to be harvested is expected to total 2.45 million acres, down 2% from last year’s acreage.

Winter wheat seeded in the fall of 2013 are estimated at 1.50 million acres, up 2% from last year.

Dry edible bean acreage intentions are estimated at 180,000 acres, up 38% from 2013.

Sorghum growers in Nebraska intend to plant 160,000 acres, down 44% from a year ago.

Oat intentions are estimated at 100,000 acres, down 33% from last year.

Sugarbeet acres are expected to be 48,000 acres, up 4% from last year.

Sunflower producers expect to plant 33,000 acres, down 23% from 2013. Oil type varieties account for 25,000 acres, down 11% from a year ago. Non-oil varieties made up the balance of 8,000 acres, down 47%.

Estimates in this report are based on a survey conducted during the first two weeks of March.

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