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Soybeans after soybeans pays

An ag economist says planting soybeans after soybeans may be more profitable in 2016.

Gary Schnitkey with the University of Illinois tells Brownfield soybeans have been more profitable for Illinois farmers the past three years when compared to corn after soybeans.

“As long as we’re looking at corn prices below $4 and soybeans in the $9 range, soybeans are going to be competitive with corn in terms of profitability.”  He says, “When we get higher prices, it’s likely that corn will be more profitable than soybeans.”

Schnitkey does warn anytime the same crop is planted in a field the following year, there are yield losses and increased chances for pest pressure.

AUDIO: Interview with Gary Schnitkey