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Question for Southern folks, mainly - how much acreage is already locked in?
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Owen Taylor
Posted 11/18/2012 17:06 (#2704300)
Subject: Question for Southern folks, mainly - how much acreage is already locked in?



Mississippi

We've been doing our 2012 harvest survey reports across cotton, rice, peanuts and soybeans. Plenty of people say that they (or their clients/customers) will not plant or greatly reduce acreage in cotton, rice or peanuts unless better prices appear.

Here's what I'm wondering...

How much acreage already is out of reach now for any of those crops, either because people have heavily booked some combination of soybeans or corn or because wheat has been planted in places where doublecropping is limited to soybeans?

To put it another way, how much flex is left in the system, considering how many acres the soybean market has already bought for 2013?



Edited by Owen Taylor 11/18/2012 17:07
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