US field crops will require 237 million acres to meet demand

Ongoing analysis by the Rabobank Food & Agribusiness Research and Advisory (FAR) group, concludes that in order to build US and global supplies to acceptable levels, more acres of corn, cotton, soybeans and wheat will need to be planted this year in the United States than ever before. It is projected that 237 million acres of these four major US crops need to be planted in 2011.

The findings are based on the Rabobank FAR team's global agribusiness marketplace report, "The Battle For Acres: US Field Crops in Competition." As the leading provider of financial services for the global food and agriculture industry, Rabobank created and maintains the FAR unit to conduct ongoing research and analysis on issues of importance to agriculture around the world. Rabo AgriFinance, part of Rabobank, provides this exclusive information to its client producers and agribusinesses in the US Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.