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    Why Not All Corn?

    Gary Schnitkey (February, 2007)
    Summary

    Projected prices for the 2007 crop indicate that corn will be much more profitable than soybeans on Illinois , high-productivity farmland. A question is: Why plant soybeans at all? A strategy that has relatively high profits and low risks is to plant all corn and lock in profits by purchasing a revenue insurance product with a high coverage level.

  • Details

    Organization
    farmdoc
    Publisher
    University of Illinois
    Published
    February, 2007
    Material Type
    Written Material