A lot of farmers and ranchers are looking for a rebound this year. One agronomist says he is hearing from many producers who do not know how much longer they will be in business.
“The biggest thing is, what are we going to plant to try to not only make money, but just to stay in business for another year? Because commodity prices are pretty tough right now, the acre shifts are jumping all over the place. I mean, we’re seeing cotton down a little bit, and beans and corn maybe up a little bit. But honestly, most of the guys are saying, ‘You know what, I’m just going to plant what I normally plant, to some degree, and do what I know how to do,” said Zack Webb.
Webb says he has heard a lot of talk about the current shakeups in Washington, D.C., and he tells all his clients to be patient and let the process play out.
“I think most of these guys realize that this first year is going to be tough, whether it’s tariffs or whatever, or a reduction in spending and things like that,” he said. “But I think they also realize that it’s going to take us a year or two to get to where we need to be and to fix some problems that we’ve had.”
At the end of the day, Webb says it will likely get worse before it gets better.
Jerry Cosgrove with American Farmland Trust explains why farmers and ranchers should start their estate planning now.
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Elizabeth Strom of the American Society of Farm Managers & Rural Appraisers joined RFD-TV to provide the latest perspective on post-harvest business planning and cropland markets in the Midwest.
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Our friend Jake Charleston at Specialty Risk Insurance joins us for an industry update.
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Mary-Thomas Hart, with the National Cattlemen’s Beef Association, discusses the latest WOTUS developments and their implications for agriculture.
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Lower turkey and wheat prices helped ease Thanksgiving costs, but underlying farm-sector pressures remain significant.
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New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.
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The new WOTUS proposal narrows federal jurisdiction, restores key agricultural exclusions, and gives farmers clearer permitting rules after years of regulatory uncertainty.
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Brooks York with Agrisompo joined us on Monday’s Market Day Report with some guidance on how producers can navigate their crop insurance claims for unsold grain crops.
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