# Planting Decision No Brainer as U.S. Farms Swap Corn for Soy - Bloomberg

> US farmers are preparing to plant more soybeans and less corn in 2017 because cash soybean prices have risen 9.2 percent since the 2016 harvest. That has created the widest soybean premium over corn in 29 years. Soybeans are also cheaper to grow than corn.

- Date: 2017-02-22 · published 2017-02-22T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/72534-planting-decision-no-brainer-as-u-s-farms-swap-corn-for-soy-bloomberg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A shift toward soybean acreage increases future soybean supply and reduces corn plantings, which weighs on corn prices. The wide soy-corn price ratio supports the switch.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-02-22/planting-decision-a-no-brainer-as-u-s-farmers-swap-corn-for-soy

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