U.S. farmers may increase the area planted with wheat to 57.745 million acres in 2012, less than expected last month, Informa Economics Inc. said today in a report to clients.
In January, the Memphis, Tennessee-based researcher predicted 57.905 million acres would be sown, and the U.S. Department of Agriculture said Feb. 24 that wheat planting would rise to 58 million acres, up from an estimated 54.409 million last year.
Production of all wheat varieties may rise to 2.276 billion bushels from 1.999 billion harvested a year earlier, Informa said. In January, Informa forecast a crop of 2.272 billion. The USDA forecast a crop of 2.165 billion in February.
Spring wheat may be planted on 13.793 million acres, compared with January’s forecast of 13.493 million, Informa said. Farmers sowed 12.394 million acres in 2011. Durum-wheat planting may rise to 2.415 million acres from 1.369 million in 2011.
Winter wheat was planted on 41.537 million acres from September to December, up from 40.646 million a year earlier, Informa said. The USDA said Jan. 12 that farmers planted 41.947 million. Farmers will harvest 1.623 billion bushels, up from 1.494 billion a year earlier, Informa said.
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