A market analyst anticipates an acreage battle as U.S. farmers chase higher corn and soybean prices.
Dr. Michael Cordonnier with Soybean and Corn Advisor in Hinsdale, Illinois says in the south some cotton acres will probably go to corn.
“Maybe some spring wheat goes to probably soybeans, maybe corn as well. There’s going to be more double-crop soybeans following all the wheat. (Farmers) might even plow up a little bit of wheat in the southwest if it’s not doing very good, and put in another crop that’s more profitable.”
He tells Brownfield hay acres will also be in play.