An ag banking expert says uncertainty lies ahead from record-high input costs and volatility in the commodity markets
Nathan Kauffman with the Kansas City Federal Reserve says producers should be conservative when planning for the next growing season. “I think it’s always wise to take a disciplined approach to whether it’s a marketing strategy or risk management and maybe even more so in this environment given this level of uncertainty.”
He tells Brownfield producers shouldn’t focus on prices and projections from previous years.