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Agribusiness
This year’s weather has really taken a toll on area producers’ crops. In many cases, it has also taken a mental toll on producers themselves.
For much of South Dakota, the 2022 crop year has been full of extremes.
According to The Kiplinger Letter, we can expect a slow-growth economy in 2023. This may come as no surprise to you, as many producers are feeling the effects of inflation on their inputs, groceries, and everything in between. The U.S.
In 2012, a farmer told me we would never see corn prices drop below $5/bushel because of ethanol production and usage. I remember thinking: because of the ability of farmers to efficiently grow crops, we would again see low prices.
It’s been saddening and frustrating to see so many friends and neighbors dealing with damage from the recent high winds, tornadoes, and hail.
Too wet. Too dry. Too wet. Plus — just for fun — let’s throw a spring derecho in there as well. If someone is looking for a low-stress career, they might want to pass on being a farmer!
As most of you have put your planters away and are busy wrapping up spraying, tending to livestock, and picking up the pieces from the recent storms, you’ve probably already begun to think about harvest this fall.
If there is one positive of some of these cold winter days, it is that they likely push farmers to work in the office versus doing something perhaps more enjoyable outside.
The following is a story from the February 2022 edition of our First On the Farm Newsletter. We have all been hearing about and feeling the effects of rising inflation in the United States.
The following is a story from the February 2022 edition of our First On the Farm Newsletter. We are excited to welcome Mitch Gusso to our FNB Ag Banking team!
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