Soybeans Vs. Corn: Which to Plant Next Year?

Tariffs on soybeans could mean more producers will be switching to corn next year.

Tariffs on soybeans could mean more producers will be switching to corn next year. This year, farmers planted more soybeans than corn for the first time in more than three decades, assuming it would be in high demand, but those Chinese tariffs are causing big problems. It’s leading to lowers exports and lower prices. Now, some analysts are saying farmers could convert as much as four million acres from soybeans to corn next spring. That would be roughly equal to the size of Connecticut.

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Jerry Gulke, president of the Gulke Group, has been fielding questions from farmers wanting to know how long the explosive rally could last and how high prices could run?
Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
Scott Varilek with Kooima Kooima Varilek says after a bounce on Thursday many producers were asking if a bottom was starting to be forged but the negative stories won’t die down.
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