USDA: Minnesota farmers will plant seven percent more corn in 2012

However, soybean and wheat crops will drop as much as eight percent because corn is more profitable. Minnesota's corn crop was valued at $7 billion last year. Corn planting is also expected to increase about four percent nationwide.
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However, soybean and wheat crops will drop as much as eight percent because corn is more profitable. Minnesota's corn crop was valued at $7 billion last year. Corn planting is also expected to increase about four percent nationwide.

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Minn. corn, soybean planting ahead of average

Minnesota farmers continue to make progress on planting corn and soybeans, thanks to warm, dry weather, the Associated Press reports. According to the USDA's weekly crop-weather report for Minnesota, corn planting jumped to 88 percent planted.

Last year's Minnesota corn crop comes in at record $7 billion

Even though production was down, Minnesota's corn crop was worth a best-ever $7 billion. The estimate from the U.S. Department of Agriculture tops the previous record the year before. The state's soybean crop was down 13 percent from 2010.

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Minnesota corn farmers are expected to plant a record number of acres this spring. And nearly half those acres are already planted by the end of April. It's an improvement over last year, when a soggy spring delayed planting and pushed back the whole growing season.

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An official with Minnesota's Ag Department says farmers should be able to find some type of corn seed to plant this spring, but the most popular varieties may not be available. High prices have farmers all over the country boosting corn acreage. Minnesota expects about a ten percent increase over last year.

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