Martinson Ag Risk Management President Randy Martinson believes the new soybean crush plants in North Dakota will influence the acreage mix. “I think we’ll see an increase in bean acreage, especially when you look at it in the eastern parts of North Dakota and western parts of Minnesota. Corn will always be competitive. I think the acres will come at the expense of wheat and barley.” During the Red River Farm Network market outlook panel, Martinson was asked if the additional soybean meal will help grow the livestock industry in North Dakota. “I really don’t; that’s because of our climate and because we’ve got to ship the animals so far to get them to a processor or a packer, I think that will eliminate some of the desire to build the livestock business here.”
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