With corn prices so high would i be correct in assuming that farmers would prefer to plant corn crops again over say soya or other crops? (more profits) Also i think the crop that uses DAP and MAP the most is corn. So this has the potential to keep demand for DAP and MAP high and underpin currect prices. The current oil prices will also see companies looking for short term relief and demand for ethanol will also be strong. This could place further upward pressure on corn prices.
