Grain TV: Does Spring Weather Favor Less Corn Acres?
Grain markets started the day to the downside but managed a recovery in fairly sluggish trade and ended with slight gains. Moisture is expected to move into the Plains but is unlikely to reach most of the dry areas in order to aid wheat. A warm, wet spring may lead to early planting, but could also result in a switch from corn to soybeans.
I recently attended a Farm Credit Director Development program in Charleston, South Carolina, where Dave Kohl presented an agricultural economic update. I thought his presentation was exceptional. He described agricultural