A survey released Tuesday indicates fewer soybean acres for 2018.
The headline on the survey – conducted by the publication Farm Futures – reads Soybeans Lose Their Luster.
“Somewhat surprisingly, we think, farmers said that wanted to plant fewer soybeans, about four percent less,” said Bryce Knorr, a grains analyst for the publication, in an interview with Brownfield Ag News at the Farm Progress Show, “maybe all the way down to 86 million (acres).”
Prospects of a shorter 2017 corn crop created hedging opportunities that Knorr says buoyed feelings about planting more corn acres at the cost of soybean acreage.
Continue reading Survey points to fewer 2018 soybean acres, for now at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.