One Michigan farmer says locking in prices last year is continuing to pay off as input prices continue to increase.

Thumb area farmer Mike Richmond tells Brownfield securing potash prices for two years was one of his best decisions in 2020.

“That is going to pay big dividends,” he says.  “The other thing that we did was to lock in fuel for two years—that seems to be a very good move.”

Richmond’s also locked in additional fertilizer prices which he says was at a fair price a few months ago.

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