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
-
Infographic: PRF Insurance Protects Your Operation When Precipitation is LackingAugust 12, 2022
-
How are Dairy Cattle Impacted by Wildfire Smoke?August 10, 2022
-
Emergency Drought ReliefAugust 9, 2022
-
$20 Billion for Voluntary Conservation Practices Passed by Senate DemocratsAugust 9, 2022
-
USDA Undersecretary Proposes Increased Regulations for Organic LivestockAugust 9, 2022