Wednesday, March 30, 2011

High Commodity Prices influence farmer's decision to plant more corn acres

On the eve of the USDA's March 31, 2011 Farm Acreage and Stock Report, one Will County farmer was increasing his corn acreage by plowing up an alfalfa field.  The farmer said high corn prices influenced the decision to plow up the hay field early.   The alfalfa field could have produced a good crop of hay, but the farmer decided to take advantage of high corn prices by increasing his corn acreage.  Also influencing his decision was the fact that he already had enough hay fields to meet his hay customers' demand.

Commodities such as wheat, corn, and soybeans have increased steadily since the 2010 harvest.

An alfalfa field gets plowed under in order to make room for more corn acres in response to high prices for corn

High commodity prices influenced this Will County farmer to plow up an alfalfa field earlier than originally planned in order to increase corn acres on his farm