Posted 2/21/2021 06:58 (#8847930 - in reply to #8847646) Subject: RE: Acres Question
Just shows another weakness in USDA's projections.
Not only will we have record yields we will have record acres. They are counting on ZERO PP acres in 2021.
The guys on here staunchly defending USDA projections (the vast majority) are likely still butthurt from selling 2020 crops prematurely. They have not learned their lessons well.
The facts are we are down to 2 to 3% carryouts in 2020 and 2021 crops soys and under 10% corn. Basis levels are telling us that. Not the USDA.
Do what you want. So will I. Live and let live.