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Page 16 March 23, 2017
2017 Logan County Farm Outlook Magazine
LINCOLN DAILY NEWS
of the sales. The U.S. Feed Grain and Equivalent
Exports data shows that corn gluten feed/meal has
gone up ten percent. Sales of corn overall are up 75
percent from last year.
Changes in crops
Some economists expect shifts in the acreage of
feed crops being planted in 2017 as a response to
some of the demand.
The USDA and others say soybean acreage could
increase. A Farm Futures survey in August 2016
indicated “Farmers may increase their soybean
acreage in 2017 because of the strong demand they
are seeing.” The survey says if that happens, some
farmers may be planting less corn and wheat.
The survey also showed sorghum planting could
pull away some of the acreage from corn.
Demand and prices may influence these possible
shifts.
Though prices will likely fluctuate, the trend
towards higher prices may keep up if demand for
feed continues to grow.