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Soybean flashback

Sep 1, 1999 12:00 PM, Business of Buying

If you were farming 30 years ago, you may remember when soybeans averaged 27 bu./acre. At that time, 40 million acres were planted to the crop and 32 varieties were available to plant. This year, more than 70 million acres are planted in soybeans from 1,000 different varieties. Farmers can expect yields averaging 40 bu./acre.

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