Global, domestic issues add uncertainty for Nebraska grower in 2022
A Western Corn Belt farmer says there are global and domestic adding uncertainty in 2022.
Northeast Nebraska farmer Lucas Miller tells brownfield the Russia/Ukraine conflict are top of mind because it’s “playing with the markets right now and affecting how they’re moving causing some of the upper-range volatility that we have along with the South American drought and what the gauge of that truly is.”
He says demand at ethanol plants and soy crushing facilities is strong but that could change. “Destinations for our grain that we typically go to are going to keep procuring the way they are, and we don’t see a point life where maybe those shift a little bit and stuff isn’t quite as valuable. We’re going to wan to get out of any grain we have really quickly.”
Miller grows corn and soybeans and owns a small cow-calf herd near Randolph.