Farmers and crop advisers attending the University of Missouri Extension Crop Conference will hear what to expect in agriculture in 2025. Ben Brown, MU Extension specialist in risk management, will look at what lies ahead in crop markets, input costs and agricultural policy during the Dec. 4-5 conference in Columbia.
Brown will review how crop markets changed over the past few months. “Commodity prices for U.S. grains and oilseeds have deteriorated from historically strong levels due to strong production in the United States and around the world,” Brown says. “The quantity demanded for commodities has expanded on lower prices, but the excess supply continues to weigh on prices received by producers.”
Brown also will give an overview of customizable row crop production budgets created by MU Extension. This includes separate budgets for southeastern Missouri. Enterprise budgets for 2025 show expectations for prices, production and input quantities. The 2025 budgets show a drop in fixed inputs like interest and machinery costs but increases in variable costs like seed and crop protection.
“Overall, the budgets estimate negative returns over total cost for Missouri producers,” says Brown. “For profitability to return to the sector, crop prices would need to increase, yields would need to be above average, or a combination of the two.”