|
S Illinois | More than likely we are just picking up on the stability of planted corn acres. 5 million acre planting variations from the long term average would be a big variation. However even this year that would be only 750 million bushels. As we have gotten into the ethanol boom, the model has been less and less accurate and billion bushel variances are much more common. The bulk of the models time frame is in the 1990-2006 time frame when acres were remarkably stable and the only variation to production could be yield. | |
|
Forecasting national corn production
