National Ag News
What’s driving soybean rhetoric?
Mar 9, 2017, 17:18 PM
by
System
An ag economist says the speculation about switching to more soybean acres is driven by tight margins. Matt Roberts with the Kern Mantle Group says farmers and lenders in states like Ohio who are looking to increase margins are looking at soybeans.
“Soybeans in Ohio, and we’re using the OSU Extension Crop Enterprise Budgets, soybean variable costs are roughly half of corn on a per acre basis,” says Roberts.
He says as margins have narrowed for corn production in recent years, so has working capital on farms.
Continue reading What’s driving soybean rhetoric? at Brownfield Ag News.
