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$3 corn and prospective planted acres, the driver.
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Tara Farms
Posted 9/6/2014 09:28 (#4058701 - in reply to #4058589)
Subject: do you think corn will be $3.00


Red River Valley		and everything else will be higher

currently you have Brazil expanding soybean acres ( bringing on new acres no less) and you have Africa bringing on new acres ( most likely wheat)

so If corn is at $3.00, Beans are at $7.50,and wheat is $5.00 what are you going to plant

because one thing I am certain of is no meaningful acres will be idled on prupose -- The land has no value if not used to raise something

and NO I do not think 10 ma is switching to minor crops

and listening to stories about cotton stocks in China tells me that cotton will not be bidding for acres

so unless we see the Brazilian drought show up this winter ( and it is a possibility) you need to explain to me where these switched acres will go.
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