Soybeans have a lot of momentum going into 2024.
Iowa State University Extension economist Chad Hart says he expects a sizable jump in bean acres next year.
“That’s everyone’s line of thinking as we look out there. I would say the futures market is preparing for that, USDA and their projections. And every time I talk to farmers is that’s been the deal (to plant more soybeans).”
He tells Brownfield soybeans look more attractive as farmers put together crop budgets.