Season 6 Episode 13 — Crops and Their Economic Considerations
On this episode of the Alabama Crops Report Podcast, Josh Lee and Chandler Gruener are joined by Wendiam Sawadgo to discuss the latest USDA crop reports and economic considerations. The conversation highlights a significant rebound in cotton acreage following improved planting conditions and stronger cotton prices, while corn and peanut acreage have declined and soybean acres have increased slightly.
“We’re not quite to breakeven prices yet. As an economist, I’d like us to be maybe in the $0.90 to a dollar range with how inputs are going right now, but we’re a lot closer than we’ve been in the last two years.” — Wendiam Sawadgo
Also discussed are the impacts of fertilizer, machinery and fuel costs, and export demand for major commodities as well as the importance of enterprising budgets which can help producers make informed decisions throughout the growing season.
“So when you have machinery costs going up and fuel going up, then, you know, a lot of those costs for maintaining and running equipment’s going to go up too.” — Wendiam Sawadgo
Season 6 Episode 13 — Crops and Their Economic Considerations Transcript