Low commodity prices and high input costs are among the reasons influencing farmer decisions this year.
The “2024 Farmer Speaks” survey reveals that farmers are taking a more conservative approach in their decision-making.
They’re making fewer changes overall, driven by concerns about short-term prospects and long-term finances.
Fertilizer remains the primary focus for adjustments despite more moderate prices.
52% of growers purchased fertilizer early, marking a decrease of seven percent from last year’s record high.
Farmers say their intent to buy more ag equipment has dropped by 24% in one year.
Farmers are also switching crop protection products far less than ever before.
