USDA: US farmers planting most corn since 1937

Published June 29, 2012 10:59pm ET



DES MOINES, Iowa (AP) — Farmers nationwide are anticipating more profit from corn than other crops this year and planted 96.4 million acres of it this spring, the most in nearly eight decades, the U.S. Department of Agriculture said Friday.

The new acreage number, based on farm surveys from early June, reflects a 5 percent increase from last year and is the largest amount of planted acres since 1937, when the nation’s farmers planted 97 million acres of the crop.

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