Corn is projected to be more profitable than soybeans this year according to an analysis by ag economics professors at the University of Illinois.
Gary Schnitkey tells Brownfield strong corn prices still outweigh high fertilizer costs giving corn a $108 to $227 dollar per acre return advantage over soybeans when planted between April 1st and June 10th.
He says they used maximum yields of 235 bushels per acre for corn and 75 bpa for soybeans and factored in yield declines for later planting dates.