02/03/2025
🌱 The 2024 harvest season in Ohio has been a challenging one. Yields were average at best, and many farms saw well-below-average production. On top of that, commodity prices at harvest didn’t meet expectations, and poor grain quality added to the financial strain—leaving many farmers operating dangerously close to the bottom line for the 2025 crop.
With quality concerns during harvest, more farmers than usual opted to deliver grain straight to the elevator, even if they had on-farm storage. Unfortunately, this meant some may have missed out on the recent commodity market rally.
Cash flow shifts also impacted end-of-year decisions, potentially limiting opportunities for pre-pay discounts on inputs. Now, with input costs rising, many are reevaluating their crop rotations—could we see a shift toward more soybeans instead of the higher investment needed for corn?
For some, the contrast from 2023 to 2024 has been stark. After coming off one of their best years, they are now facing one of their worst. Many are still waiting on crop insurance adjusters to determine just how their 2024 season truly ended.
🚜 How is your operation planning for 2025?
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