• 3 октября 2024 г.
  • Market: Сельское хозяйство

Argus assesses the record-low net return for organic farmers during the 2023-24 crop year and provides analysis on future returns and organic farmer retention:

  • Despite improved crop yields and generally lower operating costs, low organic commodity prices have shrunk net returns for farmers. Given a three-crop rotation of organic corn, soybeans, and feed grade wheat, farmers experienced the lowest net return on record for the 2023-24 crop year.
  • Organic corn and feed grade wheat markets have reached record low prices, with organic soybeans at a three-year low price for the start of the 2024-25 crop year.
  • If low organic prices persist and organic farmers don’t yield profitable net returns, farmers may choose to switch rotations or surrender their organic certification altogether.

 

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Shrinking profitability of organic farming

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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.