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A Farm Progress agronomist advises sorghum growers to cut costs carefully as grain markets show little profit potential heading into 2017 planting. Brent Bean of the United Sorghum Checkoff Program highlights hybrid selection, seeding rate, fertility, and weed and insect control as areas for efficient spending.
Growers reacting to low sorghum prices by trimming inputs could reduce planted area or yields, which is a longer-run supportive factor for prices but has no immediate market impact.
farmprogress.comDec 12, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
