Prices suggest possible shift to more soybeans
Published
3/24/2014
Because corn prices have fallen more than soybean prices, the soybean-to-corn price ratio has increased, signaling that soybeans have become relatively more profitable than corn, according to Gary Schnitkey of the department of agricultural and consumer economics at the University of Illinois.
Many analysts and farmers are speculating corn acres will decrease this year while soybean acres increase....
Many analysts and farmers are speculating corn acres will decrease this year while soybean acres increase....
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