Southwest Minnesota Farmers Struggle With Tight Margins

Farmers in southwest Minnesota are struggling with tight margins due to rising input costs and low crop prices, according to farm management analyst Kent Thiesse.

Thiesse said that if government support payments were removed, corn and soybean farmers have been experiencing negative cash flow for the past three years. He added that input costs such as fuel, fertilizer, parts, and repairs will remain a challenge for farmers in the future.

However, Thiesse noted that there may be some hope on the horizon with stronger export markets and increased usage of corn and soybeans.