--- title: "Bad weather put soybean planting behind in Louisiana" description: "BATCHELOR, La. (AP) — Bad weather has put Louisiana soybean farmers behind schedule, but rising prices are likely to increase acreage from last year, a Louisiana State University soybean specialist sa" type: "news" locale: "en" url: "https://longbridge.com/en/news/35261887.md" published_at: "2021-05-08T15:08:10.000Z" --- # Bad weather put soybean planting behind in Louisiana > BATCHELOR, La. (AP) — Bad weather has put Louisiana soybean farmers behind schedule, but rising prices are likely to increase acreage from last year, a Louisiana State University soybean specialist says... ADVERTISEMENT https://apnews.com/article/la-state-wire-louisiana-weather-business-cf8b8850bc0492917adc5d5f0f142c42 Click to copy https://apnews.com/article/la-state-wire-louisiana-weather-business-cf8b8850bc0492917adc5d5f0f142c42 Click to copy Related topics LA State Wire Louisiana Weather Business Bad weather put soybean planting behind in Louisiana BATCHELOR, La. (AP) — Bad weather has put Louisiana soybean farmers behind schedule, but rising prices are likely to increase acreage from last year, a Louisiana State University soybean specialist says. Louisiana farmers have planted about 24% of the acres they plan for soybeans, compared to a 5-year average of 47% by this time, the U.S. Department of Agriculture’s National Agricultural Statistics Service reported Monday. “We are behind,” said David Moseley of the LSU AgCenter. “It basically starts at the winter storms in February and the consistent rains since then. The fields have stayed wet.” But, he said in a news release Thursday, farmers are talking about expanding their soybean fields because prices are about $15 a bushel from above $8 a year ago, fueled by a weaker U.S. dollar and growing demand in China. “I’ve heard a lot of talk about planting marginal land,” Moseley said. “Planting some acres that were not in soybeans last year, or even three, four or five years ago.” ADVERTISEMENT Last year, Louisiana grew 1.1 million acres of soybeans. Moseley said many growers couldn’t plant much until the first week of April, much later than normal. Many of the planted fields are fallow sugarcane fields which farmers will want to harvest these beans in August so they can plant sugarcane, the AgCenter said. Fields planted after mid-May in Louisiana tend to have lower yields, but Moseley said quite a few acres may be planted after that. “Even if you lose a little bit of yield because of late planting, the price is good,” he said. “You should be able to be profitable this year even with a small decrease in yield.” ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) | | IronBridge Private Wealth LLC Has $905,000 Holdings in Apple Inc. $AAPL | IronBridge Private Wealth LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 77.3% in Q3, holding 3,555 shares valued | [Link](https://longbridge.com/en/news/276436345.md) | | Financial Advocates Investment Management Lowers Stock Position in Meta Platforms, Inc. $META | Financial Advocates Investment Management reduced its stake in Meta Platforms, Inc. by 66.7% in Q3, now holding 2,343 sh | [Link](https://longbridge.com/en/news/276432394.md) | | Rocket Lab Corporation $RKLB Stock Holdings Increased by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 5.4% in Q3, owning 41.8 million share | [Link](https://longbridge.com/en/news/276451972.md) | | Denali Advisors LLC Lowers Stake in Alphabet Inc. $GOOG | Denali Advisors LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 27.4% in Q3, now holding 76,983 shares valued at | [Link](https://longbridge.com/en/news/276432387.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.