Growers are still optimistic about profits after three consecutive turbulent growth cycles and continuous volatile markets. According to the August 2021 Farm Futures survey recorded from 737 growers, 39% of respondents think 2022 profits will stay on course while 29% expect profit margins to increase. Of the 32% of growers expecting profit losses, 85% said increased input costs were the leading factor for their lower profits expectations. 87% believe input prices will increase in Spring 2022 compared to Fall 2021. Get more insights from the survey.
Featured
-
Fertilizer Studies Reveal Largest ROIJanuary 23, 2023
-
China’s projected population decline presents problems for international tradeJanuary 24, 2023
-
California Grape Growers Watch Trends and Supply as Wine Industry EvolvesJanuary 27, 2023
-
California Rain Brings Optimism, Slow Start to Citrus HarvestJanuary 23, 2023
-
41% of U.S. Consumers Switching to Store Brands to Combat Rising Food CostsJanuary 23, 2023