Soybeans Knock Off Corn As Most Planted Crop

For the first time in around 35 years, farmers will be planting more soybeans than corn.

The U.S. Department of Agriculture released their annual prospective planting report today [Thursday] saying an estimated 89 million acres of soybeans will be planted versus 88 million of corn.

The primary reason for the change is profitability. Corn costs more to plant because of demands for pest and disease control and fertilizer.

The last time soybean acres beat corn was in 1983.

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