U.S. farmers are shifting planting intentions from corn to soybeans. This transition responds to surging input costs driven by the conflict with Iran.
Shipping disruptions in the Strait of Hormuz have caused sharp price increases for fuel and nitrogen fertilizers. Corn is a fertilizer-intensive crop, making it less financially viable than soybeans under current economic pressures.
Projections indicate corn acreage will decrease significantly from 2025 levels. Land dedicated to soybean production is expected to rise as geopolitical events impact farm-level profitability.