Crop profitability still slim, but better now than a year ago

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Farm publications appear full of equipment auction notices, giving the impression of a bleak outlook for 2017. However, I think the profitability outlook is better now than a year ago.

Soybean prices for 2017 harvest are 17 percent better now than mid-January 2016. Corn prices are even up slightly, cotton even. Wheat is currently 8 percent worse compared to harvest prices offered in January 2016. Continue reading at Southeast Farm Press.