Market analyst says high input costs driving long-term shift toward more U.S. soybean acreage

The president of AgResource Company says higher costs of production for corn could result in a long-term shift toward more soybean acres in the U.S. Dan Basse says the soybean market had a positive reaction to the USDA’s March Prospective Plantings Report. “We saw soybean futures gaining on corn following the report,” he says. “As we ramp up production from the RVO announcement […]

The post Market analyst says high input costs driving long-term shift toward more U.S. soybean acreage appeared first on Brownfield Ag News.

View Full Story

Share:

The Latest