Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 10/23/17



As harvest continues throughout the Corn Belt, we enter the time of year for speculation about the number of acres to be planted in the U.S. during the next crop year. Planting decisions begin with fall seeded crops, like winter wheat, and continue into the spring months. The market is currently sending a signal of maintaining the record high soybean acreage of 2017, but the necessity for that level of soybean acreage in 2018 could deteriorate quickly under evolving market conditions.

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