Starting Block
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Partners & Friends,
We are eagerly and patiently waiting to start field work in earnest. The cold weather has dampened our enthusiasm for planting seeds due to the low soil temperatures. Normally, we would be planting corn and soybeans at full speed by this date, especially with soil conditions this dry. However, our agronomist recommends a wait-and-see approach. The ideal scenario for crop emergence is to plant seeds in warm, moist soil, allowing the seedlings to sprout within a few days. Soil moisture is also a growing concern, with no significant weather events in the two-week forecast. For now, we will keep busy with equipment preparation, removing fences, office tasks, chemical deliveries, trimming trees, and updating technology for the upcoming season. All our calves are on the ground and will be heading to pasture next week.
Uncertainty and chaos dominate the national and international scene. Commodity prices are experiencing extreme volatility, with corn and soybean prices fluctuating like the stock market. Our global trading partners are trying to understand our new normal. Despite this, we should still be very thankful to live where we do. This remains the best place to live in the world, and Illinois farmland is well-positioned to benefit from climate change.
Spring fever is gaining steam. We are looking forward to spring programs, high school graduations, and FFA banquets. Plus, we are very excited about another Luecht grandbaby arriving in a month or so. 😍
Fall Prices:
Corn: $4.23
Soybeans: $9.66
Steve
