IEG Vantage sees US 2019 corn seedings at 90.7mn acres -document

CHICAGO: Private analytics firm IEG Vantage, formerly known as Informa Economics IEG, on Tuesday projected US 2019 corn plantings at 90.692 million acres, according to an IEG client note seen by Reuters.

The IEG figure is below the US Department of Agriculture's March forecast of 92.8 million acres. The firm projected US 2019 soybean plantings at 86.437 million acres, the document showed, above the USDA's March forecast of 84.6 million.

IEG Vantage projected US 2019 plantings of spring wheat other than durum at 12.360 million acres and 2019 all-cotton plantings at 14.115 million acres.