U.S. Farmers Plant More Corn, Fewer Soybeans

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world soybean exports

Reuters

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Business

Business & Economics

Analysis-American farmers to plant more corn, seeking best chance at profits

Summary

Nutrition label

88% Informative

U.S. farmers plan to plant more corn and fewer soybeans this spring than they did last year .

Planting decisions that are usually finalized in winter help determine the production of corn and soybeans.

Some farmers may be able to earn "a nickel or two " on every bushel of corn, an economist says.

But for soybeans and other crops, prices have fallen below the cost of production.

Growers face a third straight year of dwindling crop revenues.

"It just looks like it might be a little bit better economics," Justison said. (Reporting by Julie Ingwersen ; additional reporting by P.J. Huffstutter . Editing by Emily Schmall and David Gregorio ).

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful