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.
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Thousands of pork producers from around the globe gathered in Des Moines, Iowa, this week for the World Pork Expo to showcase the latest production innovations and learn about market trends in the industry.
“I’ll say first and foremost, we need to make sure that the crop insurance system is not conflicting with these good farming practices.”
