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Soybean acreage hike eyed to meet 1971 demand
A 10 million acre U S soybean crop increase may be needed to meet the 1971 forecast demand of 1.38 billion bushels as two years of deficit production drained reserves. Missouri would add 824000 acres from 3.496 million in 1970, with prices seen around 2.80 per bushel. Seed shortages and cash-on-delivery pressure rise as growers rush to secure seed and inputs ahead of planting.
MENTIONED IN THIS ARTICLE
U.S
USDA
Missouri
U. S
George Kramer
Richard Auibur
Joe Becker
Laddonia
Dale Schwarre