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Shrinking equity, rising nitrogen costs and continued global upheaval signal a reckoning for corn growers and a shift to soybeans — especially if higher biomass-based blending diesel mandates come through.
Rising input costs and geopolitical tensions drive growing pessimism among ag economists, though views differ on how the industry is being reshaped, according to the latest Ag Economists’ Monthly Monitor.
While drought intensity eased, most areas remain abnormally dry