Posted 1/26/2021 10:16 (#8783112 - in reply to #8783097) Subject: RE: So.............we have an "acreage battle" every year?
NW Ohio
IN555 - 1/26/2021 10:08
I would say the spread between the two indicates ones desire to attract acres from the other. If I recall correctly in 2011ish new crop beans were only 1.9 times the corn price vs today at 2.72. Back then corn acres needed to increase, 2021 bean acres are needing to increase. I would say that the 2.4-2.5 range is pretty neutral
Sooo palm what are we thinking now?
