# Is it time to shift to soybeans? – Ohio Ag Net | Ohio's Country Journal

> Purdue economist Chris Hurt says delayed corn planting could push farmers to switch acres to soybeans, since soybean prices rose 25% since March while corn rose about 4%. The shift is driven by a USDA report showing lower global inventories, stronger export demand, and Argentine rain-related harvest delays.

- Date: 2016-05-12 · published 2016-05-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6522-is-it-time-to-shift-to-soybeans-ohio-ag-net-ohio-s-country-journal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A shift of acreage from corn to soybeans would tighten corn supply later and expand soybean supply, affecting relative feed grain and oilseed prices.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-06 | [Markets have plenty to watch as summer heats up – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/6749-markets-have-plenty-to-watch-as-summer-heats-up-ohio-ag-net-ohio-s-country.md) | -4.7% | -15.7% |
| SOY | 2020-11-06 | [Column: Soybeans blast to 4-year high \| Business \| journalgazette.net](https://feedsoft.ai/events/12428-column-soybeans-blast-to-4-year-high-business-journalgazette-net.md) | +3.2% | +5.6% |
| SOY | 2022-07-28 | [Soybeans continue to climb on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/8747-soybeans-continue-to-climb-on-weather-concerns-brownfield-ag-news.md) | +0.4% | -3.5% |
| SOY | 2019-10-21 | [Ohio corn, soybean yields to be lowest in 10-plus years](https://feedsoft.ai/events/56418-ohio-corn-soybean-yields-to-be-lowest-in-10-plus-years.md) | -1.5% | -1.7% |
| SOY | 2018-12-17 | [Soybeans bounce back a bit - Brownfield Ag News](https://feedsoft.ai/events/7514-soybeans-bounce-back-a-bit-brownfield-ag-news.md) | -1.7% | -0.8% |
| CORN | 2022-12-09 | [Corn and soybeans in 2022, a year in review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/13313-corn-and-soybeans-in-2022-a-year-in-review-ohio-ag-net-ohio-s-country-journal.md) | +1.9% | +2.9% |
| CORN | 2020-03-10 | [In Brazil, it’s time to pay attention to “safrinha” corn – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/53978-in-brazil-it-s-time-to-pay-attention-to-safrinha-corn-ohio-ag-net-ohio-s.md) | -3.4% | -3.3% |
| CORN | 2019-12-02 | [Pockets and windows: 2019 year in review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/55431-pockets-and-windows-2019-year-in-review-ohio-ag-net-ohio-s-country-journal.md) | -0.2% | +1.7% |

## Sources

- ocj.com: https://ocj.com/2016/05/is-it-time-to-shift-to-soybeans/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.