The 2021 Crop Budgets have been revised from the original August release. Corn and soybean prices have been increased in revised budgets, leading to higher corn and soybean return projections for 2021. In most years, soybeans have been more profitable than corn since 2012. In 2021, soybeans again are projected to be more profitable than […]
In March, the USDA’s Prospective Planting report initially sized up 2020 acreage at 97.0 million for corn and 83.5 million for soybeans. The June acreage report walked corn acreage back considerably, and most recently, the October WASDE has pegged 2020 planted acreage at 91.0 million for corn and 83.1 million for soybeans. How did this happen? In the shuffle […]
It’s October 26 and there is snow falling outside my window in Columbia. The precip over the past week may have slowed down fall field operations a little, but we’re at or ahead of average on corn and soybean harvest according to USDA—unlike the past two years. This probably carries over to other field operations […]