As spring planting season draws near, will farmers plant more soybeans than corn because the economics of doing so says they should? Or will they stick with their normal rotations? (DTN photo by Elaine Shein)
I have talked to farmers around the Midwest about what their intentions are, and also to local elevators about what they have heard so far.
"If I start planting corn and the going is good, I'm not going to stop." A few other farmers in southern Minnesota told me they will stick with their rotations and have no plans to change that up.
Brad Kremer, a farmer from Pittsville, Wisconsin, and a board member of the American Soybean Association (ASA), operates a family farm consisting of 1,200 acres of soybeans and 1,800 acres of corn, wheat and alfalfa.
Wouldn't need much more of a bump in September wheat and that could change by 5% to 10%.
Rotations are too important to them." He said he sees bean acres up 10%, which will mostly take away from corn acres rather than other crops in his area.
He said that the insurance date to start planting spring wheat is mid-March in his area, "so there is still time, and I would suspect a higher percentage of spring wheat than last year.
If you pencil in last year's yields at current prices, it's a no-brainer, and soybeans would easily outperform corn again.
Weather will play a huge role in acreage mix up here.
He said, "Corn and soybeans here are mostly set as was planted last year.
"Many of the customers I have, and the guys I…