There is a belief out there that larger farms often have lower costs per acre, and some researchers say that is a common misconception.
Economists with the University of Illinois say that while that might be true in some cases, there are many variables to consider. The numbers show that your location plays a big role, and researchers say it is important to benchmark within geographic context.
They suggest doing a regular study of the operation, including a deep dive into records as well as analyzing trends.
Related Stories
Cotton farmers should weigh potential PLC payments against STAX coverage and act before the September 30 deadline.
What is it like working cattle with an outbreak of New World Screwworm so close to home? Wayne Cockrell, with the Texas and Southwestern Cattle Raisers Association, joined us on Wednesday to discuss.
U.S. produce growers face a structural disadvantage—cheaper imports driving down prices while rising labor costs squeeze margins. Without new policies or technology, profitability remains uncertain.
Theresa Long and Theresa Pittman joined us on behalf of the AgriSafe Network to discuss the health and social issues impacting families in agriculture.
