|
SE Iowa | If we take a 10% reduction in acres planted and a 10% reduction in trendline yield, where do we end up for price? Is anyone contracting new corn with such uncertainty in the markets? We could be looking at one giant runup only to plant all the seed corn available next spring. Scary scenario as inputs will skyrocket, seed and N in particular while soys remain in the dumpster with added and unneeded acres. Not to mention a strong possibility of ASF hitting the mainland. We could go to $6-7 on corn by Jan and down to $2.75 by Oct, all within one crop year. | |
|
corn price
