The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
I was reviewing the intended corn acre plantings just issued by the USDA, and some of the numbers that jump out at me are:
It will be interesting to see how this plays out in the market pricing. With the smaller bean crop in South America and reduced acres here in the U.S., beans may rally and many market analysts had pegged the corn acres this high, but most were lower. It will be interesting this year on pricing of both crops.