By: Barry Ward, Assistant Extension Professor, Leader Production Business Management, Department of Agricultural, Environmental, and Development Economics
Wet weather and planting delays throughout much of Ohio and the eastern Cornbelt have many producers thinking about switching corn acres to soybeans or the taking the prevented planting option of their Multiple Peril Crop Insurance policy. Ohio had 9% of intended corn acres planted by May 19thwhich is far behind the 5 year average of 62%. Farms with pre-plant nitrogen or herbicides applied for corn production may have no option to switch to soybeans. Seed availability may also limit choice for some. Continue reading Corn vs. Soybeans in a Delayed Planting Scenario – Profit Scenarios