I posted the question some time back on this forum about what cotton growers thought about cotton taking back some acres from corn. It looks like to me the cotton market looks strong going into the year and the corn market maybe weakening. Without a corn market rally during planting time and with maybe some delays in the south planting corn I wonder if some more acres will not be switched to cotton. I know the corn belt kind of foo-fooed the south planting corn and making any kind of yield a few years ago when the price of corn shot up and cotton acres was switching to corn. The north came to the rude realization that the south really could grow corn. Will be interesting to see how the final acreage ends up but if we do not get a corn rally soon and some poor corn planting conditions I can see some acreage switching out of corn and into cotton in cotton areas and beans elsewhere. John
|