Ohio's Country Journal and Ohio Ag Net’s Post

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

Interesting take from Progressive Farmer that highlights the risk producers take on in their critical role ensuring food security, economic growth, rural development, and energy diversification. In an industry where compensation for their products is set based on a globally agreed upon price, they're at the mercy of volatile factors beyond their control. When input prices go up, when labor costs more, or when Mother Nature doesn't cooperate, farmers can't just charge more to make up for the losses. As it stands, U.S. corn farmers could lose anywhere from zero to $1 per bushel growing grain this year. #agribusiness #agmarkets

📊 #GRAIN #MARKET PERSPECTIVES – FEBRUARY 29, 2024 💡 Market Perspectives is a weekly publication that offers readers information about current coarse grain markets including price, weather and freight data important for buying U.S. grains and their co-products. 🔎 It appears that the #corn market may have run out of sellers, at least in the near-term, and thus sideways to upper movement may be seen as the record large short positions are covered. This will be a welcome change for farmers in the U.S. as they are getting ready to put the 2024 corn crop in the ground. With near record warm temperatures being seen in many areas from Texas to the northern parts of the Cornbelt, corn planters have begun running in southern U.S. states. In Iowa, preparatory fieldwork such as fertilizer application has begun. These usually do not begin until the second or third week of March but record warm temperatures in the last half of February have allowed early field work to begin. 📻 Source: https://lnkd.in/ei4SxncG Best regards. Agricultural commodity trader, Oleg Shklovtsov.

Corn and soybeans will once again succeed this spring with expectations to reach record harvests. What's remarkable is that corn plantings will slightly drop to 93 million acres, while soybean plantings will grow to 85.5 million acres. https://lnkd.in/gxRsQ8Ht