Farmers look to alternative crops with corn and soybean markets slumped
Many analysts expect actual planted acres to deviate from USDA’s March 31st prospective planting estimates.
U.S. Commodities president Don Roose says he anticipates fewer than 97 million acres of corn, more than 85 million acres of soybeans, and perhaps an increase in alternative crops like grain sorghum or oats.
“You’re seeing some people flex when you look at the yields you can get on oats versus your inputs versus the money you can get out of them.”
He tells Brownfield farmers have a lot to consider.
“The producer is searching around. Do we even see more alfalfa planted? As the livestock numbers are big, do see more hay? Of course you need the equipment for that. But we’re seeing a lot of different things.”
Roose points out weather will play a major role in determining what crops get planted this spring.