Both sides of the Mason-Dixon Line | roarintiger1 - 8/10/2010 09:04
Read ehoff's weekend challenge from back on Friday. Many more "lower" corn and bean yields predicted compared to last year. This, coupled with higher demand numbers will mean an interesting "bid for acres" type market for next year.
"bid for acres" That brings up a good point. I suspect that the recent wheat rally will double our wheat acres here locally, and if the rest of the country will get the wheat seed that they are looking for, wheat acres will be up 20% (or more) nationally. I am hearing that farmers from Arkansas were calling a local seed supplier for seed, and we have local farmers going to Ohio for seed. So I guess the question is, which crop will decline in acres? I suspect that the soybean acres will decline due to the increase in wheat acres. |