Posted 3/27/2024 07:32 (#10682179 - in reply to #10681296) Subject: RE: 2 days until USDA acres & stocks. History breakdown for this report
NWMO
It’s kind of interesting that I’ve heard quite a few guys mention 2014 as an analog year to 2024 marketing wise. Then you look back and see that 91M acres was the forum estimate then, just like today, and they’re final intentions number was 91.7M and todays estimate is 91.78M. I’d say that if the trade estimate of 91.78M is correct that the corn market will be okay, they definitely haven’t been trying too hard to buy corn acres over the last 3 months