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South Central Iowa | If we drop 3 million acres on soy and pickup the same on corn, putting harvested of both around 85 ma, that would be yields of 48.2 & 174.1 roughly. I think those are probably as low as the USDA would ever venture for us again. We’re Unsinkable!
I think production is 15.4 bb and 4.5 bb on those numbers. China won’t be solved, but wouldn’t matter if it is, their usage will drop dramatically anyway. Carry out on corn will be good still, around 2.1 bb in 19/20, but beans will be awful. I think it will be 1.4 bb, 35% stocks use. We’ll see that 2.0-2.2 ratio. Then corn can die in 20/21.
Not enough acres going to switch, production far too high (supposedly).
Edited by Conan the Farmer 2/12/2019 06:10
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2019 US corn and soybean production forecasts
