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$3 corn and prospective planted acres, the driver.
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JonSCKs
Posted 9/6/2014 19:01 (#4059459 - in reply to #4059307)
Subject: The Plains added 9 myn acres since 2006


The plains added 7 myn acres since 2006..

So a drop of "only" 3.05 seems pretty reasonable..  don't you think?

I'm actually adding 1.5 myn in the cornbelt..  You could argue for a higher trendline yield but I also agree with the post above about guys trimming costs that will have an impact on yields.. do they cancel each other out..??



Edited by JonSCKs 9/7/2014 00:31
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