An ag economist is predicting a strong spring for ag retailers. Ken Zuckerberg with CoBank says farmers are in a strong financial position and are willing and able to spend money on inputs. “We’ve had a very strong grain rally since last August,” he says. “That, plus, continued support from the government put many farmers into the black for 2020.”
He tells Brownfield demand for inputs is also very strong this spring. “Based on the global supply/demand imbalance, and the need for more acres to be planted this year, the USDA is calling for at least 10 million more acres of corn, soybeans, and wheat in 2021,” he says.
