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USA | Tmrand,
My guess would be farmers that are having money problems would be at least 10%. Don't believe lenders will pull the plug on the majority that are having difficult times. But will look harder at what will be the least amount of risk for the operation.
I would also guess the folks having money troubles that grow corn also have a bigger percent of their operation planted to corn vs beans. If the 10% planted 2/3 of their acres to corn would put them at around 12 million acres of corn. 25% reduction in corn acres of this group would be 3 million less acres of corn.
IMO about the only way to get needed corn acres in 11, is to have a high enough crop insurance price on corn to cover the risk.
Who is going to increase corn acres in 11 at current price levels?
Edited by coup 9/12/2010 16:40
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Coup
