JonSCKs - 10/31/2025 05:27

yee haw.. just checked.  $188 left over from Biden.  Maybe I can use that to cover the estimated 12% increase in input prices from Tariffs…

https://www.dtnpf.com/agriculture/web/AG/news/article/2025/10/30/trump-china-truce-may-normalize-farm

SOYBEAN FARMERS STILL IN RED

Caleb Ragland, a soybean farmer from Magnolia, Kentucky, and current president of the American Soybean Association, said the "devil is in the details" when it comes to interpreting the scope of sales and trade relationships with China going forward.

"We've still got a lot of uncertainty and clarification to get through," Ragland said in an interview with DTN. "We want to be positive and hopeful, but we have got to trust but verify as well. A lot of this is still unanswered, unfortunately."

The enthusiasm about the announcement also doesn't negate the fact that soybean farmers are still projected to lose $109 per acre this year. As Ragland testified just Tuesday in a U.S. Senate Judiciary Committee hearing, the losses stem from high input costs as much as they do commodity prices.

"This framework is a very positive deal that could help us move back closer to a break-even number, but we still have major work to do to get our industry back to being profitable," Ragland told DTN. "It's a combination of market opportunities and getting our cost structure back in order."

Tariffs have added about 12% to the costs of various inputs, he said. "That may not seem like much, but that's a big chunk when you start multiplying the billions of dollars in inputs our industry uses." 

Yea.. we’re back.. maybe.. to where we started although inputs now cost 12% more.  $1.30 under basis on Sorghum.. Soybean prices the lowest since Trump 1.0.. input costs.. like fertilizer.. parts.. etc.. up 12% again.. this year.

Wow.. we’re “just doing backflips out here.”

all hail fearless leader. 

https://youtu.be/hubJhvteacA?si=uBHyyNJDY8q4Jawb 

“a commitment for 25 mmt vs 29.5 mmt average the previous 5 years..”

#winning.. ??