Corn and soybean growers say financial pressure remains high despite recent improvements in commodity prices. A survey from the National Corn Growers Association and American Soybean Association found nearly two-thirds of growers are moderately or very concerned about the farm economy. Forty-six percent say they’re more worried about their own farm finances than they were a year ago. The Farm Journal survey included about 1,200 producers.

Growers say higher grain prices have provided some relief, but elevated input costs continue limiting profitability. NCGA Chief Economist Krista Swanson says stronger corn prices can improve sentiment, but farm profitability doesn’t reset with a single market move or crop year. ASA Chief Economist Scott Gerlt says the results show producers continue operating with very little margin for error as production costs remain high.

By: NATHAN STUEDLECorn and soybean growers say financial pressure remains high despite recent improvements in commodity prices. A survey from the National Corn Growers Association and American Soybean Association found nearly two-thirds of growers are moderately or very concerned about the farm economy. Forty-six percent say they’re more worried about their own farm finances than they were a year ago. The Farm Journal survey included about 1,200 producers.Growers say higher grain prices have provided some relief, but elevated input costs continue limiting profitability. NCGA Chief Economist Krista Swanson says stronger corn prices can improve sentiment, but farm profitability doesn’t reset with a single market move or crop year. ASA Chief Economist Scott Gerlt says the results show producers continue operating with very little margin for error as production costs remain high.

Financial pressure remains high for grain farmers