Dryness, tighter margins likely to squeeze some farmers in 2022

A commodities financial expert says drought conditions in the Western Corn Belt and beyond have some farmers less optimistic for planting.

“Everybody’s looking for just a little more moisture before they plant.”

Curt Covington, Senior Director of Institutional Credit, with AgAmerica tells Brownfield the lack of moisture is out of farmers’ control in those regions, and many are moving ahead with the hopes the rain will come.

“It’s going to be interesting to see how things start to turn out as things get closer to April, May, and June whether or not some of these crops can actually be grown,” he says.

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