Random thoughts from a farm boy living in rural Illinois
Wednesday, April 25, 2012
Speculating corn prices on acreage, production
Prospects for a large increase in corn acreage support expectations for more abundant stocks next year, but opinions about the magnitude of the build-up vary considerably. Anecdotal evidence suggests that some acreage intended for corn will be planted to soybeans due to the shift in price relationships following the March survey.