Crop prices increase for the first time since the beginning of the pandemic
WESTBY, Wis. (WKBT)– The warm summer weather mixed with ample rainfall has helped crops speed up their growth despite starting out behind schedule. Corn and soybean prices have also increased for the first time since the beginning of the pandemic.
However, a local farmer organization leader said they can’t be overly ambitious yet.
“Even though prices are looking good right now, it’s really short-lived. And most farmers right now, we need a good year or two, maybe even three years of good prices to catch up on the asset value that we’ve lost over the last five to six years,” said Darin Von Ruden, the President of Wisconsin Farmers Union.
Agriculture officials worry that a second surge of COVID-19 in the fall could cause prices to plummet again.