grain bag

Grain farming’s hard times expected to continue

Producers told to expect probably two more crop years of losses before they once again break even in 2027-28

Reading Time: 2 minutes Rabobank says it will be two more years before North American grain farmers achieve break-even due to “monster” supplies and “sticky” crop input prices.













Photo: Reuters/Ben Nelms/File

Global crop yields have not kept up with increasing demand 

Sluggish production blamed on adverse weather conditions and high input costs that lead to reduced fertilizer use

The global stocks-to-use ratio for the major crops, excluding China, has been trending down since 2018, Jason Newton, Nutrien’s chief economist, told delegates attending the 24th International Farm Management Association Congress in Saskatoon.