Soybean acres to exceed corn for the first time in 35 years
By DAVID PITT Associated Press
DES MOINES, Iowa (AP) - Corn has been dethroned as the king of crops as farmers report they intend to plant more soybeans than corn for the first time in 35 years.
The U.S. Department of Agriculture says in its annual prospective planting report released Thursday that farmers intend to plant 89 million acres (36 million hectares) in soybeans and 88 million acres (35.6 million hectares) in corn.
The primary reason is profitability. Corn costs much more to plant because of required demands for pest and disease control and fertilizer. When the profitability of both crops is close, farmers bet on soybeans for a better return.
The only year that soybean acres beat corn in recent memory was 1983, when the government pushed farmers to plant fewer acres to boost prices in the midst of the nation's worst farm crisis.
Iowa is the top corn producing state, followed by Illinois, Nebraska and Minnesota. Top soybean states are Illinois, Iowa, Minnesota and North Dakota.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Rep. Tom Sands, a Republican lawmaker in the Iowa House, says he won't seek re-election in November. Sands, who represents Wapello in eastern Iowa, announced Thursday he will withdraw his name from the general...
Cleanup of an oil spill caused by the derailment of nearly three dozen oil tankers in northwestern Iowa has begun. Lyon County Sheriff Steward Vander Stoep says between 30 and 40 semitrailers containing cleanup equipment...More >>