Rising input prices, volatile markets and tighter margins are early headlines for the 2022 corn and soybean crop. Going back to last fall, the potential impact of higher fertilizer and other inputs has been a huge concern for 2022 crop revenues. The possibility of 2022 non-land costs being 20% higher than 2021 costs is real. Market volatility will most likely continue into this year with the uncertainty of many factors. All this combines to project a year with much tighter crop margins and the increased need for risk management in 2022.
A webinar on Thursday, January 20 will focus on the importance of crop marketing risk management before the 2022 crop. For more information, please click here.