A 1982 song by The Clash endlessly asked a question: “Should I stay or should I go?” The questioning lyrics are akin to what farmers face as they begin to select 2022 corn and soybean seed later this summer.
Which corn/soybean mix should I plant?
Which genetics should I pick?
Which traits should I select?
Which maturities should I plant? And on and on and on. These choices are crucial. “For the most part, 75% of the decisions that determine crop yield potential are already defined before the planter leaves the field,” says Travis Kriegshauser, Syngenta strategic soybean marketing manager soybean traits.
Producers bullish about farmland values amid strong current conditions
Farmers continue to report strong current economic conditions on their farms, according to the February Purdue University/CME Group Ag Economy Barometer. While the overall reading for the Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165 in February; the Index of Current Conditions remained near its all-time high at a reading of 200. Meanwhile, the Index of Future Expectations continued a four-month decline, down 20% from its October peak, to a reading of 148.
The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was conducted from February 15-19, 2021.
Producers bullish about farmland values amid strong current conditions
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WEST LAFAYETTE, Ind. and CHICAGO, March 2, 2021 /PRNewswire/ Farmers continue to report strong current economic conditions on their farms, according to the February Purdue University/CME Group Ag Economy Barometer. While the overall reading for the
Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165 in February; the
Index of Current Conditions remained near its all-time high at a reading of 200. Meanwhile, the
Index of Future Expectations continued a four-month decline, down 20% from its October peak, to a reading of 148.