Every year, market analysts talk about the need for one commodity or another to buy acres going into spring planting. What makes this year different is the number of commodities that need to compete for acres. “This year, the acreage battle expands beyond corn and soybeans,” said Jacob Burks, market analyst, Kluis Commodities. “The spring wheat and the cotton markets are also being challenged.” Specialty crops are getting in on the action, too. “There’s a battle coming from many different angles, which can help the producer and keeps prices low. There will be fun numbers to talk about and by the time we get to June, the battle probably doesn’t even matter. We’ll be watching the USDA’s planting intentions survey findings.”
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