MID-WEST FARM REPORT - MADISONMID-WEST FARM REPORT - MADISON

"The Challenge Is Demand" In 2024

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When we were going into 2023, the general consensus on the farm economy was that farms were starting the year in a good position and had enough flexibility to weather any storms, such as market volatility. As we get started in 2024 – the news isn’t as optimistic. Chad Hart is an economics professor, crop specialist and market economist out of Iowa State University. He walks us through some of the challenges that face corn, beans, and the general agricultural supply chain. The general theme – demand needs to be stronger internationally in order for producers to see better prices in the new year. 

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