SDSU Extension Mitchell Regional Center
1800 E Spruce St
Mitchell, SD 57301
Programming in areas of Farm Financial analysis and strategic planning for family businesses. Crop budgets and costs of production.
Follow the field crops during the 2020 growing season.
This is the second article of a two-part series examining cash flow and income for South Dakota grain farms. This article will look at crop insurance, prices for 2020 crops, and changes in input prices.
Grain farming is facing a reduced income outlook for 2020. Unpriced old crop revenue has decreased and projected revenue for 2020 crop is reduced. Offsetting these decreases are chances that some input prices may fall, fuel related expenses and possibly higher payments from commodity title programs.
