As harvest is getting ready to begin, farmers are thinking about pricing for next year’s crop.
“The concern on most people’s minds is higher input prices, but we’re also hearing a bit of rumblings on supply chain challenges,” says Steve Witges, senior vice president for Farm Credit Mid-America. “We are in a very volatile world and COVID made it more volatile.”
Witges says there’s no need to panic, but growers need to take possession while they have the opportunity.
Witges talks more about land values in his full conversation in the audio above.