U.S. soybean acreage to rise due to planting delays

Posted by Reuters: Mark Weinraub on May 31st, 2013
Reuters: U.S. soybean plantings are set to rise above expectations following lengthy planting delays across the Midwest that have forced farmers to adopt new acreage plans. The changes will be costly, as soybeans typically provide lower returns than corn that is seeded in a timely manner. The lengthy delays have pushed farmers right up to key insurance deadlines that hit on Friday, forcing them to make a decision about what to do with acreage they hoped would have been seeded weeks ago. In northern......

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