Soybeans May Be a Sleeper

October 14, 2011 11:01 AM

While corn has been getting most of the pricing attention, "soybeans may be the sleeper and prices may go up more than we think," says Frayne Olson, ag economist at North Dakota State University.

"There may be some good pricing prospects after the first of the year." This spring, wheat may offer some real pricing opportunities, he says. "Be patient, sit tight," he advises. Olson notes that small grain yields, particularly spring wheat and durum, are well below what the trade expected.

Furthermore, he expects soft red winter wheat planting in Missouri, southern Illinois, Ohio and Indiana to be way down due to corn and soybean prices. And in the Southern Plains, he expects a high level of abandonment due to the continuing drought.


For More Information
Read more Top Producer news.


Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer