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CHICAGO: US farmers planted 91.7 million acres of corn and 80.0 million acres of soybeans in 2019, the US Department of Agriculture said on Friday.
The corn figure was above the highest in a range of trade estimates in a Reuters survey while the soybean number was below the lowest of analyst estimates.
The USDA projected total US 2019, wheat plantings at 45.6 million acres, in line with trade expectations.
The USDA also reported US June 1 corn supplies at 5.202 billion bushels, below the average trade estimate of 5.332 billion.
Chicago Board of Trade September and December corn futures fell their daily limit after the release of the reports and wheat also declined, while soybean futures
rose.
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