Farm Futures Aug Estimate of Combined Corn+Soy Seedings Usually Close to Prospective Plantings
Bottom Line: On Monday, Farm Futures’ (FF) first survey of US farmers 2018 planting intentions indicated that farmers intended to plant a near-record 178.9 Mil Ac to corn and soybeans combined. There’s a tendency for FF’s soybean seedings estimate to be too high relative to the Prospective Plantings Report. The median error in years when…