Wasnt all that long ago that a 14 billion bushel US corn crop was laughable. 170 BPA was laughed at by many on here including myself cause of fringe acres. The last few years has shown us its no laughing matter as we have outproduced corn and soy end users to some extent. I see a path for 2019, corn to be 15 billion bushels. Would sure be nice to get another 20-30 cents. 50-60 would be great, but I think that takes a DRY weather scare to get there.
What odds do you give a 15 billion bushel crop? I say with acreage shift we have a 30% chance of getting their this year.