Ag analysts are preparing for a big increase in corn acres this year.
Frequent Market Day Report guest Jim McCormick says data coming early next week is expected to show high demand.
“The demand for corn is ferocious. There are some genetics in certain areas that actually run out because that demand is so strong. And hence, that’s what we think, when it’s all said and done on the 31st they’re gonna come in at least at 95.39 million acres.”
McCormcik says it all boils down to profit, something corn has more potential for compared to soybeans.