Crop Observation

FREEDGUY wrote: I've been driving the same route at the same week of the year from SW Michigan to the Orlando Florida area for the past 3 years in a row, skipped last year but went this year and saw the crops of corn/beans to be pretty close to 50/50 rotation, 60/40 at the worst. This year , it's 90/10 at best . If all of the corn crop I saw from the 2200 mile round trip along the interstates yields decently, I can see $2 corn in the near future .

Well if we're to believe the USDA, corn and bean acres are both slightly up in the last report, but I doubt it's 90/10 maybe it's just how the rotation is or looks along the road this year.  I've been told that they're predicting a 179bu corn crop and if it gets under 176 things are going to get tight.(and just 25 years ago 150 was big) Big move up today in corn and they're thinking it's because from central Ill west the corn belt is dry, but then again someone always needs to make a little on the board.  Time will tell, and if they catch wind that someone  planted 2 extra rows of corn in their garden, they'll use it to run the price down to make a little there too, but in the end if it's short they'll pay and if it's a bin buster they'll steal it.