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Iowa | You also have to remember the long term trendline includes things like: fertilizer, seed breeding advancement, herbicide tolerance, corn borer control, rootworm control. Beans have a similar story - what’s left now that’s a 20+ bpa swing on a normal acre of corn?? The first 30 years of soybeans we were all planting public varieties with little research done compared to today. We’re back to old school genetic advancement so the trend will naturally flatten out. Our methods are significantly better than before, but it’s still a numbers/time game. This is something the market and USDA does not believe because they don’t understand agronomy, so they just plug in a % increase and tell us what it’s gonna be- BUT as the trend line flattens they’ll be off further and further until they adjust their trend line to whatever the current rate of gain is. | |
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