More Input Decisions Being Made in Q4

According to a study conducted by No-Till Farmer, farmers are making significant purchases of 2022 crop inputs before the end of the year. Not surprisingly, liquid fertilizer is at the top of that list with more than 37 percent of participants saying they are increasing their normal pre-paid purchases before December 31. Thirty-five percent are locking in their crop protection products and 33 percent are planning to prepay for their granular fertilizer in the fourth quarter. Thirty percent are making more pre-pays for seed and 21 percent are going the same route with diesel fuel.