Uncertainty in the corn-soybean acreage mix
The mix of acreage to be planted in 2019 is more “wide open” than we can remember, mostly because there are so many moving parts to this year’s situation.
One of the few times we can remember the acreage numbers being this uncertain was 1983. That year, we had a massive setaside program that brought a lot of uncertainties because producers could opt to take whole farms out of production, and many did.
This year, producers not only have to work with the usual set of variables like insurance...
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