More Corn Fewer Soybeans No Surprise to Lanworth

USDA report triggers massive market shifts predicted by Lanworth's
satellite-enabled spatial models

CHICAGO, June 30 /PRNewswire/ -- Lanworth's forecasts of constrained soybean
supply and extensive corn plantings, issued consistently since March and
updated last week, are supported by today's June Acreage report from USDA. In
a shock to the grain and oilseed markets, the USDA aligned itself with
Lanworth's estimates, which have stood boldly apart from analyst expectations.

Lanworth's estimate of a large, 85+ million acre corn crop, nearly 1 million
acres above the average trade estimate, prepared the market for the USDA's
surprise announcement of 87 million planted acres that triggered this
morning's abrupt sell-off.

Lanworth also indicated that soybean plantings would be significantly below
market expectations of 78.3 million acres. The USDA's current position of 77.5
million planted acres supports Lanworth's estimate of 75.7 million acres. The
USDA's estimates may be revised downwards over the course of the year.

Lanworth's spring wheat estimate of 13.6 million acres, significantly higher
than the upper range of analyst expectations, was supported by the USDA's
estimate of 13.8 million acres. Today's USDA report also raised its winter
wheat planting estimates, confirming Lanworth's long-held position of
extensive winter wheat seeding.

"The market is now watching to see if the 3.5 million acre increase in the
total area planted to corn and soybeans forecasted by the USDA actually
materializes over the course of the year," said Nicholas Kouchoukos, the vice
president of information services. "With late planting decisions still to be
made on a half-million acres, today's report sets the stage for our important
yield forecasts through the growing and harvest season as the USDA settles on
a final production number in January."

With its third consecutive year of delivering effective agricultural
intelligence ahead of USDA, Lanworth's ability to measure crops accurately and
rapidly by generating satellite-enabled computer models is softening the
market impact of USDA's periodic planting and production reports. The reports
published throughout the growing season provide a stable foundation for the
production and supply estimates used by commodities investors and risk
managers as they trade on the agricultural commodities market.

Unlike its competitors, Lanworth's reports are not based on surveys of
farmers. The company uses three elements to arrive at its projections:
real-time satellite feeds delivered twice daily, extensive field sampling, and
sophisticated computer models of soil conditions, farming practices, weather
and many other factors. Lanworth was the first to provide accurate impact
assessments of the 2008 Midwest floods and the 2009 Kansas and Oklahoma
freeze.

ABOUT LANWORTH
Lanworth is the premier provider of accurate, independent, and timely
production intelligence to the finance, consumer food product, and
agri-business industries. Operating out of offices in Itasca, Illinois, the
integrated team at Lanworth is advancing RAY, its flagship agricultural
intelligence service, to cover a wider variety of crops and regions with
ever-greater accuracy. Providing up-to-the-minute analysis in easy-to-apply
formats is the basis of Lanworth's value. Lanworth provides both subscription
reports and custom studies to the agro-forestry sectors. Visit
www.lanworth.com for additional information.

Contact:

David Levine
dlevine@lanworth.com
304-283-9609

SOURCE Lanworth

David Levine of Lanworth, +1-304-283-9609, dlevine@lanworth.com