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NW Indiana | I'll go with a sub 5% chance we plant 94.9 million acres of corn next year. Only way it happens if SA has a bin buster bean crop and soybean price tanks. I think the likely is 90-92 range. Guys understand how tight bean supply is and its not all about today's price as you cannot sell all of it. I see guys going more soybeans just based on thoughts it will pay down the road. Keep in mind this spring planting pace had a lot to do with that acreage number that was also guarded by the 5.91 spring price. | |
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All soy beans?
