Soybean-to-Corn Price Ratios in Spring and Fall

Acreage decisions will be impacted by relative prices being offered by the market; however, relative prices at harvest could differ from those in the spring.This suggests that farmers switching acres this spring should consider locking in some of the return difference through marketing contracts.It also suggests making acreage changes based strictly on relative prices may not result in the acreage mix that optimizes profits.Longer run rotational and yield considerations should enter into planting decisions.