CHS Ag Industry Day Provide Optimistic Outlook for 2023 Growing Season in Northern Plains
CHS Annual Meeting 030323
Every year, farmers from the Northern Plains make their way to the Alerus Center in Grand Forks North Dakota...for the CHS Ag Services Ag Industry Day where they got an update on weather, agronomics and markets for the upcoming growing season.
The outlook is optimistic for the 2023 planting and growing season in the Northern Plains and northwestern corn belt among farmers and industry leaders because even if grain prices cool, they’re looking for improved production potential and lower input prices.
Daryl Ritchison, Director of the North Dakota Ag Weather Network, NDAWN, shared an optimistic outlook for the spring planting and growing season. "The way I do my long-range forecasting I think 2023 looks much more favorable in the upper Midwest, Northern Plains than it has for the past few summers. I think there’ll be more moisture this year, temperature wise perhaps not as warm as the past couple years because moisture means more clouds, but I still think we’ll get close to average on that and so if my analogs the way I forecast last year is similar to this year, I think it’ll be a pretty good growing season."
And farmers are excited due to the lower input costs and better availability. Scott Johnson, Farmer, from Manvel ND says, "We got great snow over on the fields and so in the fall a little bit dry, but I think that’s going to be helpful for us for the upcoming growing season. We’ve got, personally, I’ve got a lot of inputs locked in at pretty decent prices and have done a fair amount of marketing at what I consider to be a good place. So, I’m feeling pretty confident going in that we’re going to have a good year."
Market analysts also participated in a market discussion and their general advice for producers was to try to scale up sell new crop bushels into the normal spring rally in case we do have a production bump for 2023.
