June 6, 2019
Late Corn & Soybean Planting Decisions
As a follow-up to their previous webinar, Delayed Corn & Soybean Planting Decisions, Purdue agricultural economists James Mintert and Michael Langemeier review the alternatives farmers have in this late planting season. In particular, they analyze the potential returns from taking the Prevented Planting option for corn and compare it to potential returns from delayed planting of both corn and soybeans, under a couple of different scenarios.
Additional Resources:
- “Timely Agronomic News & Information for the U.S. Corn Belt” Bob Nielsen of Purdue Agronomy’s Chat N Chew Cafe
- “Historical Indiana Planning Dates & Yield Trends” video from Purdue Extension
- “Late Corn Planting Considerations” video from Purdue Extension
- “Late Soybean Planting Considerations” video from Purdue Extension
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Margaret Lippsmeyer presented during agri benchmark’s 2024 annual conference in mid June, which was hosted by the Spanish Ministry of Agriculture in Valladolid, Spain. An increase in soybean acreage may come from either (a) shifting away from continuous corn rotations to corn-soy and (b) shifting corn-soy rotations toward corn-soy-soy. Based on agri benchmark data, Margaret showed that option (a) would require an increase in soybean prices of 6% and option (b) of 8% to make these rotations preferable over existing ones.
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We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.