JUNE 2: ACREAGE REPORTING & MARKETS
- Trent Janssen
- Jun 3
- 2 min read
Planting season is largely behind us, but there are still a few important items producers should have on their radar as we move into June.
At Red Risk Strategies, we've been talking with growers about what's next—from acreage reporting and crop insurance claims to market volatility and rising input costs.
DON'T FORGET ACREAGE REPORTING
The June 30 acreage reporting deadline will be here before we know it.
Accurate acreage reports are essential for your crop insurance coverage and can help streamline the claims process if weather issues arise later in the season. Whether you work through your local FSA office or use precision ag data, now is a good time to start getting everything organized.
RAIN IS WELCOME, BUT IT BRINGS NEW RISKS
Just a few weeks ago, many producers were planting into dry conditions. Now, rainfall has arrived in many areas, bringing much-needed moisture along with the possibility of hail and storm damage.
If you experience crop damage, don't hesitate to report it. Even minor losses can be worth documenting, and timely reporting helps keep the claims process moving smoothly.
MARKETS ARE SHIFTING
Corn, soybean, and cattle markets have all seen pressure recently, making risk management an important part of the conversation.
One of the biggest reports coming up is the USDA Acreage Report on June 30. With higher fertilizer prices influencing planting decisions, there is plenty of discussion about potential shifts in corn and soybean acres. Those numbers could impact market direction heading into the summer.
While no one can predict exactly what the market will do, having a plan in place can help protect your operation when conditions change.
REVISIT YOUR BREAKEVENS
Input costs have changed, and your breakeven numbers may have changed right along with them.
Now is a great time to sit down and ask:
What are my current costs?
Have I made additional passes or incurred extra expenses this spring?
What prices do I need to be profitable?
Does my marketing plan still make sense?
Knowing your numbers helps you make more confident decisions throughout the growing season.
KEEP LEARNING AND ADAPTING
Farming today looks different than it did five, ten, or twenty years ago. Technology, genetics, and production practices continue to evolve—and your risk management strategy should too.
Most producers are excellent at growing a crop. The challenge is combining strong production with effective risk management and marketing decisions. That's where having experienced advisors in your corner can make a difference.
If you have questions about acreage reporting, crop insurance, claims, or marketing opportunities, we're always happy to visit. Give Trent or Betsy a call, send us an email, or stop by the office.
We're here to help you navigate what's next.
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