Agronomy Newsletter
The 2021 Harvest Season has begun. As growers settle into the long days ahead, many begin to look forward to the 2022 season. These days it is never too early.
The falls of 2020 and 2021 have afforded growers the opportunity to maximize profits. Grain prices are at high levels with corn yields well above average and beans yields good to excellent. These types of scenarios give us the chance to maximize yields to max out profits.
2022 will be different. Growers still have the chance to realize very nice profitability, but input and land costs will be catching up with the grain markets. The fertilizer, crop protection, and seed industries have all taken price hikes for 2022. Landowners see the opportunity to maximize the return on their investments. We are already seeing fireworks at recent land auctions.
Fertilizer will be the input that takes the largest increase for the upcoming season. In some cases, we are looking at a 100% increase in prices form fall of 2020. The reason are many and complex. The bottom line is that growers will need to take full advantage of the data available to them to make sure that fertilizer resources are placed where they are needed most. Work with COOP agronomy team to make sure grid samples are up to date and that your yield data is reliable. Combining grid and yield data give you a clear picture of where you have been and where you are going. This will give you the best opportunity to get solid return on your fertilizer investment.
Putting a crop protection plan in place early will be more important this year than any time in recent history. We have seen very modest increases in much of the chemical market, with supplies holding solid. Unfortunately, the small segment with the highest volatility is the in glyphosates and Liberty products. International manufacturing issues caused shortages in these two lines of products of products in 2021 and that trend will continue into 2022. This situation is one where aligning with reputable supplies has paid off. The coop agronomy team has already worked with Winfield United, out lead distributor, to bring in our glyphosate needs for the upcoming season. We currently are in the process of doing the same with Liberty supplies. Not to say that we will be carrying any excess product, but that our current customer base will be reliably covered for the upcoming year.
The seed industry had taken its price hikes as well for 2022. It appears that part of this is due to realigning with higher crop prices. Another factor is hauling and logistics. Seed is dealing with the same pressures that all industries are facing with trucker shortages and increased freight pricing. There is a bright side of the story with seed. You may be spending a bit more this year, but the genetics you are paying for continue to improve. We have seen some promising results from the new products this year in both corn and soybeans. Both big soybean trait platforms, E3 and Xtend Flex, are turning over their line ups to new and improved varieties. Corn providers are doing their part as well. The new products that we are seeing come through the pipeline continue to improve stress tolerance. Plant health and stalk strength are particularly outstanding in the new products we are seeing for 2022. Supplies look to be strong in both corn and soybeans. Get plans started early though to make sure you get an opportunity to try the newest products.
Please call our team for more information.
The falls of 2020 and 2021 have afforded growers the opportunity to maximize profits. Grain prices are at high levels with corn yields well above average and beans yields good to excellent. These types of scenarios give us the chance to maximize yields to max out profits.
2022 will be different. Growers still have the chance to realize very nice profitability, but input and land costs will be catching up with the grain markets. The fertilizer, crop protection, and seed industries have all taken price hikes for 2022. Landowners see the opportunity to maximize the return on their investments. We are already seeing fireworks at recent land auctions.
Fertilizer will be the input that takes the largest increase for the upcoming season. In some cases, we are looking at a 100% increase in prices form fall of 2020. The reason are many and complex. The bottom line is that growers will need to take full advantage of the data available to them to make sure that fertilizer resources are placed where they are needed most. Work with COOP agronomy team to make sure grid samples are up to date and that your yield data is reliable. Combining grid and yield data give you a clear picture of where you have been and where you are going. This will give you the best opportunity to get solid return on your fertilizer investment.
Putting a crop protection plan in place early will be more important this year than any time in recent history. We have seen very modest increases in much of the chemical market, with supplies holding solid. Unfortunately, the small segment with the highest volatility is the in glyphosates and Liberty products. International manufacturing issues caused shortages in these two lines of products of products in 2021 and that trend will continue into 2022. This situation is one where aligning with reputable supplies has paid off. The coop agronomy team has already worked with Winfield United, out lead distributor, to bring in our glyphosate needs for the upcoming season. We currently are in the process of doing the same with Liberty supplies. Not to say that we will be carrying any excess product, but that our current customer base will be reliably covered for the upcoming year.
The seed industry had taken its price hikes as well for 2022. It appears that part of this is due to realigning with higher crop prices. Another factor is hauling and logistics. Seed is dealing with the same pressures that all industries are facing with trucker shortages and increased freight pricing. There is a bright side of the story with seed. You may be spending a bit more this year, but the genetics you are paying for continue to improve. We have seen some promising results from the new products this year in both corn and soybeans. Both big soybean trait platforms, E3 and Xtend Flex, are turning over their line ups to new and improved varieties. Corn providers are doing their part as well. The new products that we are seeing come through the pipeline continue to improve stress tolerance. Plant health and stalk strength are particularly outstanding in the new products we are seeing for 2022. Supplies look to be strong in both corn and soybeans. Get plans started early though to make sure you get an opportunity to try the newest products.
Please call our team for more information.
