A Nebraska farmer says he’s optimistic about his farm’s financial performance heading into 2023.
Jay Reiners says crop insurance payments will help boost his bottom line after some crops suffered from drought and hailstorms. “Everyone had pretty decent replant yields. With a decent price, that’s the gravy on top. That’s the bonus that’s going to help us out this year. It’s nothing like harvesting 250- or 275-bushel corn at $7, but it definitely helps.”
He tells Brownfield high interest rates on operating loans are a major concern.