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Northeast Louisiana | I've got 20,000 bushels booked at $4.00 for next year, and 10,000 booked for '09 at $3.90. So I'll be growing some corn at least.
Lower prices shift some acres back to cotton, but cotton prices will need to move up some for that to happen.
Plus I look for the market to come back some if the low prices change some acres back to beans in the midwest and if we have some weather scares. So you fellows in the corn belt need to plant more beans! | |
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How long for the trickle-down effect??
