While grain farmers are enjoying higher commodity prices now, a Rabobank analyst says history shows higher input costs and tighter margins will soon follow, challenging profitability as early as next year.
“We’re optimistic that over the next two or three years commodity prices will be supported but we know those input costs will come up to meet them.”
Senior Grains and Oilseeds analyst Stephen Nicholson tells Brownfield farmers should consider selling some of their 2022 and even 2023 crop now while margins have some cushion.
