Informa ups US corn acreage estimate

Informa Economics on Thursday forecast this year's U.S. corn acreage at 87.2 million, above the U.S. Department of Agriculture's current outlook for 86.0 million acres.

The also estimated 2008 soybean acreage in the United States at 73.3 million, up 2 million acres from the company's previous estimate of 71.3 million. However, Informa's soy acreage number was below the U.S. Department of Agriculture's forecast for 74.8 million.