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Soybeans with momentum heading into 2024

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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.

Soybeans with momentum heading into 2024

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