The current corn-to-soybean ratio for new crop is near 2.36. The low seen around Thanksgiving was close to 2.21. For this ratio to get back over the 2.50 milestone (which many analysts suggest is the level at which acres shift from corn to soybeans), we would need to see new crop soybeans rally toward $14.20 and corn stay at current levels. Keep an eye on how corn reacts to strength in the soybean market.
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