Contrary to popular belief, larger farms don’t always have lower costs per acre

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
While there has been an increase in outbreaks of Highly Pathogenic Avian Influenza (HPAI) this migration season, the CDC says the public health risk is low.
Shaun Haney, Host of RealAg Radio, discusses President Trump’s move to halt trade talks with Canada and Mexico over a commercial about tariffs launched by the Government of Ontario.
Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits.
The President’s trip to Asia this week follows a trade mission by the Iowa Soybean Association. Farmers say they were reminded that U.S. soybeans have an international reputation that can be easy to take for granted here at home.
Jacob Wheeler and Dustin Connell of Team O’Reilly Auto Parts capped off an unforgettable week on the Alabama pro’s home waters with a dominant performance on Monday, cruising to a win at the Folds of Honor Patriot Cup Presented by B&W Trailer Hitches on Logan Martin Lake.
Harvest Marches on as River Logistics And Inputs Steer Bids

LATEST STORIES BY THIS AUTHOR:

Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Farm CPA Paul Neiffer outlines how producers should navigate evolving Farm Bill provisions and prepare their operations for the next crop year.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
Join the conversation on RURAL AMERICA LIVE — Tonight at 7:30 PM ET, only on RFD-TV.