The prevent plant numbers aren’t getting as much attention on a national scale as they did last year. University of Illinois Agricultural Economics Professor Scott Irwin says even though it’s not 19 million acres, a near nine million acres of prevent plant is still a big deal. However, Irwin says those acres won’t make a big dent in the U.S. crop. “We are going to have good yields overall in the U.S., but it’s enough that maybe corn and soybean acreage could be two million acres lower than expected,” explains Irwin. “That could help us shave off a bit of our surplus, maybe 50 to 100 million bushels in corn and 50 million in soybeans. That makes a difference to supply and demand tables, but it doesn’t fundamentally change whether you’re in a surplus situation or not.”
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