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| If half that 15 million acres is corn and the yield is 130 instead of 180 then that's 7.5 million x 50 bushel off or 375 million bushel out of a possible 14 billion or 2.7%.
I suspect that they won't even miss 3%. As bad as it sounds, it's not yet significant enough to move the price much. Remember, Pruitt has cut ethanol demand by 15% or 2.25 billion gallons or 1250 million bushel equivalent already.
Edited by farmer4321 7/3/2018 15:53
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conditions and yields
