A market analyst expects 2024 to favor farmers who are aggressively managing their risks.

Matt Bennett, at AgMarket.Net, says long-term price projections for corn aren’t encouraging.

“I think you’re gonna have more than enough corn unless you have a major summer weather issue.”  He says, “And if you don’t have a major summer weather issue, I think there’s a decent shot you see $4.00 or below December corn on the board.”

Bennett tells Brownfield those levels are below break evens for most farmers…

“I know a lot of folks have been fairly aggressive in their marketing plans.”  He says, “You know, we’ve been pretty aggressive in our marketing plan and I think we’ve got a lot of our income quantified.

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