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Excellent yields balancing out high input prices for farmers

With fuel and fertilizer at or near record highs, the extra traffic you see on area roads, thanks to local farmers, is good. Farmers took advantage of the unseasonably warm and dry weather to wrap up their soybean harvest ahead of this weekend’s wet and cool weather. The soybean harvest is 95 percent complete, four days ahead of last year’s pace. The harvest of corn for grain is 55 percent complete across the state, which is over a week behind last year but still a day ahead of the five-year average. Rio Creek Feed Mill agronomist Adam Bara says many of their customers are seeing record or near-record yields for their operations. Following up on the success of the local wheat and soybean harvest earlier this year, he says they have gotten creative with their storage.

The conflict between Russia and Ukraine is just one of the factors adding to the recent volatility in commodity markets. However, Barta says the prices for corn and soybeans are still higher than they have been in recent years.  

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