A lower spring price for corn and soybean revenue insurance could have an impact on planted acreage. “I think the most troublesome thing with the lower prices is taking away the incentive to prevent plant,” said Kristi Van Ahn, Chief Operating Officer at Van Ahn and Company. “That’s going to be a big predicament looking at the Dakotas.” Van Ahn also said farmers may struggle getting soybeans planted behind the corn being harvested this spring. “If you’re looking at insurance prices like they are now, I’m afraid that might not pencil in for some farmers. Farmers might do whatever they can to mud in some soybeans and that will be an uncertainty to the market.”
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