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S Illinois | Looking back at the planting intentions compared to today the big jumps came in:
KS: 650k
IL: 200k
GA: 65k
MN: 400k
MS: 140k
NE: 450k
ND: 450k
OH: 200k
OK: 80k
SD: 450k
TX: 200k
WI: 250k.
The FSA data shows today's planted acreage number was right where it should be. Bean acreage came down 2.2 million from June until today. So the question becomes why were bean acres too high and corn too low in June. Did 10.00-10.60 Nov 25 beans vs 4.40-4.50 corn cause this? Did the prospects of tariffs sway some people. Or was it just weather being better than anticipated? Prob need to look at HRSW and cotton acreage and see if they also declined from June until today. | |
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