To Market, To Market: Bull market on grains puts fierce competition on acres

摘要

With only so much crop land to go around, the bull market in grains means there is a lot of competition for those acres. The market wants to keep corn acres, but increase soybeans acres. What can be expected this year, and where does that leave peanuts? Corn, because of demand "fueled" by the ethanol craze, has been on the rebound since a short crop in 2006, said Nathan Smith, University of Georgia Extension economist recently at the Georgia Peanut Farm Show.