Worse Before It Gets Better: Farmers express doubts about an industry turnaround this year

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.

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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
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