By: Todd Hubbs and Scott Irwin, Department of Agricultural and Consumer Economics, University of Illinois. farmDoc Daily
USDA’s release of the Crop Progress report on May 20 showed corn planting at 49 percent nationally. The planting progress in numerous major corn producing states lags behind historical averages significantly. The implications for corn acreage and yield are potentially large in 2019. The purpose of this article is to explore the implications of late planting on corn acreage and yield and investigate the consequences for the corn balance sheet in the 2019-20 marketing year.
Acreage Implications Continue reading The Implications of Late Planting for the 2019/20 Corn Balance Sheet