Soybeans And Canola Acres Nearing New Records - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Soybeans And Canola Acres Nearing New Records

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It's feels like spring and farmers are getting ready to head to the field and break some records.
Soybean acres are estimated to be at an all time high at 5.6 million acres...which would put North Dakota in the top 5 producing states in the nation, stealing Indiana's number 4 position.
Canola acres are also expected to be near an all time record high in the state. 
Farmers are expected to dedicate 1.27 million acres to the crop.
Ag Reporter Sarah Gustin explains why these two crops are taking over. 

More and more farmers are expected to plant more of these...
Mike Appert raises soybeans in the Hazelton area and serves on the North Dakota Soybean Council.
Appert credits today's market price for the a big push in acres.
(Mike Appert / ND Soybean Council Board Member) "Soybean is kinda like hitting the easy button this year. The NDSU budgets have shown it to be a little more profitable than corn all year. You are seeing a big shift from corn to beans and from other crops to beans. Corn got a black eye, because of the wet high moisture corn. And the high basis on corn, so corn prices are relatively cheap." 
As well as soybeans requiring less fertilizer than corn.
(Mike Appert / ND Soybean Council Board Member) "Soybeans are easy. The fertilizer logistics issues is another problem we are having here in North Dakota. There is some fertilizer that might not get here in time. And that leads everyone to shift to soybeans too." 
More of these yellow fields are also expected to be blooming in North Dakota.
Barry Coleman with the Northern Canola Growers says near record yields in 2013...weighing in at nearly 3500 pounds per acre is only one reason more farmers are planning to plant canola. 
(Barry Coleman / Northern Canola Growers) "In 2005 we had about 5.1 pounds per capita being consumed. Last year it was over 13 pounds. So we continue to see the consumption of canola in the U.S. increase. We have a lot of canola being planted in Canada that makes it way down here because we don't plant enough to supply our export market."  
In 2012 North Dakota producers planted a record 1.46 million acres of Canola.
Coleman says a majority of the increase in acres this year will be planted along the North Dakota / Canadian border as well as a large majority in the Minot area.

Appert says China and southeast Asia are demanding nearly every bushel we produce. 
Minnesota soybean farmers are expected to plant 700,000 more acres this year.
South Dakota soybean acre intentions are up 200,000 acres. 

 

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