Farmers in Louisiana are wrapping up corn harvest with better yields than last year. However, as is the case all across farm country, low market prices and high input costs are making profits hard to come by.
This Week in Louisiana Agriculture shows us why breaking even is going to be a challenge.
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Export Inspections In Bushels Show Mixed Momentum Patterns
U.S. Farmers Face Shifting Harvest Pace, Basis, and Input Costs
Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
Expect choppier basis and wider bids — hedge earlier, keep logistics flexible, and watch Argentina and India headlines for near-term opportunities.
New U.S. fees on Chinese-owned and built ships took effect overnight, marking the latest escalation in maritime trade tensions between Washington and Beijing.
Treat storage as risk management and logistics, and budget to break even since export growth is unlikely to absorb bigger U.S. corn and soybean crops.