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Maryland grain farmers and Farm Credit warn of tight margins, supply disruptions and labor pressures
Summary
Representatives of Horizon Farm Credit and the Maryland Grain Producers Association told the House Environment and Transportation Committee on Jan. 28 that Maryland grain farmers faced a difficult 2024 and remain under pressure as 2025 begins.
Representatives of Horizon Farm Credit and the Maryland Grain Producers Association told the House Environment and Transportation Committee on Jan. 28 that Maryland grain farmers faced a difficult 2024 and remain under pressure as 2025 begins.
"Despite high interest rates, stubborn input costs, and softening commodity markets, we remain bullish on the long term prospects for Maryland agriculture," said Tyler Marcek, government affairs manager for Horizon Farm Credit, while also listing recent stresses that damaged returns.
Marcek described widespread weather damage and lower yields for corn, soybeans and wheat in 2024 and said many grain farmers did not break even. "Overall, in…
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