Market Matters Blog
Katie Micik DTN Markets Editor

Monday 03/24/14

Ag Confidence Index Foreshadows Things to Come
Some trends are bold and hard to ignore. Others are more subtle, more like foreshadow than forecast.[Read Full Blog Post]
Posted at 1:07PM CDT 03/24/14 by Katie Micik | Post a Comment
Comments (1)
Katie, Your story is correct on all accounts. Larger landholders are apt to feel more immediate pain from the slimming of margins. And Equipment is wonderfully upgraded by all farms at this time. No need to spend further on Equipment for several years. Land will be very selectively purchased from now on under these low-margin propositions. Balance Sheets are strong and if a small parcel with quality fits a grower it will still sell very strong. But selectivity will dominate our grower land purchases more than it did in the $7.25 corn years. Controlling costs is a dominant concern this year.
Posted by Dale Reimers at 9:46PM CDT 03/25/14
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