A market analyst says the rally in the soybean market is intensifying the acreage discussion.
Brian Burke with John Stewart and Associates says record input costs and production issues in South America are making soybeans a more attractive choice. “Even in your highest producing corn areas, you’re seeing a very competitive soybean price and a very competitive return to that soybean acre.”
He tells Brownfield some areas across the Corn Belt will likely have increases in soybean acres.