High inputs likely beat down profits

Outside of a weather-related supply shock, an outlook for global crop production and supplies by analysts at Rabobank suggests there isn’t much potential for commodity farmers to break even until the 2027-28 crop year.

Analysts at Rabobank on Tuesday highlighted their outlook for crops, inputs and profitability by diving into trends affecting global stocks and production. Unfortunately, U.S. farmers remain stuck at the bottom of an economic downturn that began in 2023 and shows little sign of a quick rebound. Read the rest of the article here.