Big harvest but low prices for South Dakota farmers

A sprayer sat idle in a western Iowa field on May 2, 2022 as rains continued to stall farmers. (Photo by Jared Strong/Iowa Capital Dispatch)

Most area farmers are enjoying a strong harvest with big yields this fall. The problem is, commodity prices are so low they’ll have a hard time turning a profit on this year’s crop. Nate Franzen, the President of Ag Banking at First Dakota National Bank, is encouraging farmers to consider taking action to deal with those conditions. No one knows how long prices will remain low, but Franzen says it could be a couple of years before there’s much improvement.