In today's blog, Zach Harding, The Andersons Inc., gives a recap on the grain and oilseed industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
As the March 15 deadline to finalize risk management plans for the year approaches, producers are faced with an important decision: revenue vs. yield protection. Daniele Ricci, Crop Growers LLP, gives an overview of the policies, and how to determine the right protection for your operation.
Different sectors of the fruit industry had highs and lows in 2020. Apples showed a smaller crop than usual, but cranberries did well due to increased retail juice sales. The wine and craft beverage sector was hit hard early in 2020 due to COVID-19 restrictions, but bounced back with the availability of online ordering and curbside pickup.
In the financial world, your cash position is referred to as liquidity, i.e. your ability to pay your bills. Liquidity is important to any agricultural business, yet it may have a heightened significance depending on what you produce, how long it takes you to produce it and how it’s sold or marketed.