Yes the ground will get planted.. however, it removes the possibility of wheat now and a 2nd crop later.. thus it will LOWER total planted acreage nationwide... (newsflash I know.. but for Numbers benefit.. )

The US historically double crops between 4% and 7% of it's soybeans each year..

( http://usda.mannlib.cornell.edu/usda/current/Acre/Acre-06-29-2018.pdf ) page 16

It's easier to just take a pic and post which I'll do below..

FarmDoc has a good analysis of where US Crop acreage has been disappearing.. although this was done in in Jan 2016.. still a good read.

( https://farmdocdaily.illinois.edu/2016/01/crop-acreage-puzzle-revisited-implications-2016.html )



From the WASDE 2016 total principle acreage was 319.2 myn acres
2017: 319.1 myn acres
and Last year 2018: 322 myn acres



Acreage is returning.. slowly to Hay/Alfalfa 

Hay total from the WASDE in 2017: 53.78 myn acres
2018: 55.07 myn acres..

With Alfalfa going to..  2017: 16.56 myn acres
2018: 17.35 myn acres.

With Brokers STILL reporting a shortage..

I suspect that Cotton acreage will expand again next year.. given the damage to the crop from adverse weather.. Georgia hurricane damage et all..

( https://www.cottongrower.com/cotton-production/production-outlook-acreage/cotton-highlights-from-november-wasde-report-3/ )

This month’s 2018/19 U.S. balance sheet shows lower production, consumption, exports and ending stocks. Production is reduced 1.35 million bales due mainly to decreases in the Southeast, reflecting the impact of adverse weather. Domestic mill use is reduced 100,000 bales, and exports are reduced 500,000 bales. Projected ending stocks in 2018/19 are 700,000 bales lower this month, at 4.3 million bales or 24% of use. The marketing-year-average price received by producers is forecast between 71.0 and 77.0 cents per pound, with a midpoint of 74.0 cents – 1 cent above last month.

So there are options.. to growing more wheat for storage in an elevator which gets sold for the carry for eternity because of the revised Variable Storage Rates.. which offer more $$$ for an elevator to STORE wheat vs SELLING it into the export market..

( https://www.dtnpf.com/agriculture/web/ag/perspectives/columns/cash-market-moves/article/2017/05/01/variable-storage-rates-just-srw-2 )

On April 24, the CME Group announced the following: "Effective Sunday, March 18, 2018, and pending all CFTC regulatory review and approval periods, The Board of Trade of the City of Chicago, Inc. ("CBOT" or "Exchange") intends to implement a Variable Storage Rate (VSR) mechanism in its KC HRW Wheat futures. The Exchange intends to implement the VSR mechanism in lieu of seasonal storage rates for the contracts."

hmmm... good idea??

Anywho.. let the acreage debates begin..

I still think there's enough broke farmers that this HUGE Corn acreage expected increase is questionable..???

(20181112_080535 (full).jpg)

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