Futures Close Report 20th February 2020

USDA planting intentions – USA

Farmers will plant 94.0 million acres of corn during spring, up from 89.7 million last year, and 85.0 million acres of soybeans, up from 76.1 million in 2019, U.S. wheat plantings for 2020  forecast at 45.0 million acres, down from 45.2 million a year earlier.