Posted 12/3/2018 11:58 (#7145790 - in reply to #7145774) Subject: RE: Soybean price 5 year chart with total bushels .
NW Indiana
That's why I look out 18 months. It isn't the impact on this years carryout that would be so significant. It raises demand to 4.35 or so. The impact on next years balance sheet is the key. Now it takes 88 million acres next year to maintain carryout. Corn needs 94. Wheat needs more. Get the point?