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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Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
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Farmers will need to closely monitor forecasts if the regulatory changes are implemented, as temperature cutoffs will replace fixed spray dates.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.
Higher domestic rail tariffs and mixed capacity shifts will influence grain movement this harvest. Strong corn exports provide momentum, but logistics costs remain a critical factor.
