Farmers can expect to see a rise in corn plantings in 2012, says Informa Economics, a private analytical firm. According to Agriculture.com, Informa Economics had originally predicted this past October that 93.1 million acres would be planted. They're now revising that figure to 94 million acres.
Analysts suggest that this increased prediction is a result of the crop's improved net revenue prospects, giving farmers more of an incentive to increase production. The news provider also reports that the U.S. Department of Agriculture recently estimated that farmers will have harvested 12.310 billion bushels of corn by this year's end.