Kirk Sigler
👤 SpeakerAppearances Over Time
Podcast Appearances
Farmers are already dealing with high equipment and fertilizer costs due to inflation and President Trump's latest trade war.
And the war in Iran has driven up those costs even more.
Justin Sherlock grows corn and soybeans.
Sherlock is going into his fourth straight year in the red.
The farmers here still holding on are only surviving because land prices are so high and that's collateral to the banks.
We're at a point where we're literally betting the farm to try and keep going one more year right now.
Farmers hope the war and geopolitics don't get in the way with ongoing trade negotiations with China, traditionally North Dakota's largest buyer of soybeans.
Kirk Sigler in PR News, Fargo.
Farmers were already dealing with high equipment and fertilizer costs due to inflation and President Trump's latest trade war.
And the war in Iran has driven up those costs even more.
Justin Sherlock grows corn and soybeans.
Sherlock is going into his fourth straight year in the red.
The farmers here still holding on are only surviving because land prices are so high and that's collateral to the banks.
We're at a point where we're literally betting the farm to try and keep going one more year right now.
Farmers hope the war and geopolitics don't get in the way with ongoing trade negotiations with China, traditionally North Dakota's largest buyer of soybeans.
Spring planting season is always a gamble for farmers, but in the last year it's been even higher stakes, with continued high fuel and equipment prices and Trump's tariffs.
Department of Agriculture's annual spring planting report, based on surveys with farmers, reveals what many had expected.
More farmers are switching to soybeans over corn and wheat, which require more fertilizer.