Posted 3/30/2015 12:47 (#4486415 - in reply to #4486322) Subject: RE: change in corn acres vs change in price
Centre county Pennsylvania, USA
Yes, the chart does suggest that structural production problems are taking about 10 years to change from over-production (corn price below the trend) to under-production (corn price above the trend). If that is the case, then we currently appear to be in an under-production phase. That's good news for today's corn farmers.
change in corn acres vs change in price
