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topicnews · October 24, 2024

As farmers begin planning for 2025, margins remain a major concern

As farmers begin planning for 2025, margins remain a major concern

News

As farmers begin planning for 2025, margins remain a major concern

As one Northwest Tennessee farmer says, he’s looking ahead to the 2025 growing season and margins are a big problem. David Nichols says of Brownfield: “Prices have sold out quite heavily and we are close to or below cost reduction.”

At the same time, the costs are still too high. “Fertilizers have decreased a bit; Some of the fertilizers are there, but not what we need,” he says. “Of course the equipment is still high. So we still have some pretty high-priced inputs.”

And Nichols says there hasn’t been any rain since Hurricane Helene in late September. “A lot of soft red winter wheat is grown so the plants go into the ground in good condition,” he says. “You know that we are already planning a harvest for 2025 and hope that we can achieve good yields from it.”

He says he has finished harvesting his full-season corn and soybeans and the double-crop soybean harvest is just beginning.