Undoubtedly, 2019 will be another year with agronomic and financial challenges. Before seed hits the soil take the time to think critically thought your acreage mix and marketing plan to take advantage of opportunities.
Soybean growing states were pummeled with challenges this past year. Late planting, too much or too little rain, followed by a late harvest meant even soybeans grown for seed endured less-than-ideal conditions.
Taking a cue from difficult trade situations, depressed prices and record stocks, soybean acres could decline this coming year. The shift away from soybeans will likely come from the highest producing states.
Once-reliable soybeans now bring nothing but unanswered questions. What will tariffs and trade agreements mean for export opportunities? How will prices respond with or without successful trade policy?
Kyler Laird is about to carve a notch into agriculture history by planting 10,000 acres of soybeans with a driverless tractor. Skeptics beware: Laird has loosed the DIY robots and his operation will never be the same.