IEG Vantage sees US 2020 corn plantings at 94.160mn acres

• IEG Vantage projected US 2020 all-cotton plantings at 12.798 million acres and 2020 plantings of spring wheat other than durum at 12.540 million acres.

CHICAGO: Private analytics firm IEG Vantage on Thursday projected US 2020 corn plantings at 94.160 million acres, according to an IEG client note seen by Reuters.

The IEG figure is below the US Department of Agriculture's official corn platings forecast of 97.0 million acres. The firm projected US 2020 soybean plantings at 85.890 million acres, the document showed, above the USDA's forecast of 83.5 million.

IEG Vantage projected US 2020 all-cotton plantings at 12.798 million acres and 2020 plantings of spring wheat other than durum at 12.540 million acres.