Home Farm Equipment Farmers ready to roll after USDA report

Farmers ready to roll after USDA report

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The USDA March 31 report, which included planting intentions and some surprises, so we polled our Farm Progress PANEL members to be taught if the report shook up any 2021 plans. The quick reply is “no.”

It seems readers have their sport faces on, they’re planters prepped and so they’re ready to transfer forward because the climate cooperates. We requested a easy query however added some selection to the solutions.

The query? With the newest USDA numbers how do your plans change? Almost 80% responded that they’re sticking with their rotations. Maybe not an enormous shock, however as of late being versatile could be a bonus. Given the corn/soybean worth ratio, even that planting report is not pushing for large seed switches, it seems.

As for flexibility? About 5% say they may change to plant extra corn for 2021. It is not an enormous group, however for them the corn numbers are trying higher. And given how the final six years have been, having extra corn within the rotation could really feel extra comfy for these respondents.

We did discover {that a} small variety of farmers replied they had been lastly promoting their old-crop corn and soybeans. It was 4%, but it surely was some motion.

As for that 2021 crop? 13% of respondents famous they’ve began pricing that crop out there now. Placing when earnings are scorching is at all times a good suggestion. That is info farmers might be monitoring, and with simpler entry to market knowledge by means of your smartphone – together with the Farm Futures app – that is simpler than ever. (And sure, that was a shameless plug).

As planters begin rolling, climate turns into the following hurdle. However even in the course of the busy season capturing worth from that future crop might be necessary.

Thanks to everybody who responded to this PANEL.

GET ON WITH IT: It seems, from our newest Farm Progress PANEL that farmers are ready to get transferring for 2021, with little change at the same time as USDA points an attention-grabbing estimated acreage report.

Be part of the PANEL

The Farm Progress PANEL is your likelihood to share your ideas on key points. To participate, begin by signing up for our day by day cellular textual content service Farm Progress NOW. Simply textual content FARM to 20505, then reply to the textual content you get again. Later in certainly one of our day by day texts we’ll present details about how to join the PANEL. And thanks to the respondents for serving to us out.

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