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Question for Southern folks, mainly - how much acreage is already locked in?
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Five Lock Boll
Posted 11/18/2012 20:53 (#2704865 - in reply to #2704749)
Subject: Re: Question for Southern folks, mainly - how much acreage is already locked in?


Northeast Louisiana
I don't know of anyone who has sold grain to the point they couldn't still have some cotton if the market were to go up between now and March, but that's not very likely. We have several big customers at the gin who are cutting back 50-75%. It's tempting to plant a bunch betting on the come, but I'm afraid even with acres way down the price still won't get where it needs to be to compete with grain. We'll most likely go from 2800 to 2000 unless something changes.
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