Battle For Acreage

So what are you planting this year?  It's the million dollar (and often times much more) question that all farmers are asking themselves right now as planting season looms.  The Delta Farm Press has a great article from the middle of last week that talks to several southern farmers about their intentions.  I know it's an incredibly small sample size, but hey, it's at the very least the thought process of several farmers and why they are going to be doing what they are this year.  It is amazing what people do not understand about this entire process and the incredible amount of pressure there is to make the right judgement this far in advance.  Anyways, here is the link to the article I was talking about.  

With prices going up as high as they are, it will be interesting to see what happens to the market when the USDA planting report comes out shortly.  If there is so much as a hint of underplanting in any one commodity, then you will see a great rise in price on the spot.  Then again, it's not like I'm saying anything crazy here that hasn't been happening since every report ever written, but in the volatile market we have now, it will likely be accentuated.  Hold on and make sure your stops are set appropriately.