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
“More freedom, more opportunity, and more access to flexibility and options for rural families to do what they want and have the best education for their children”
“This is one way that cattle producers can make sure they have a serious voice in promoting and defending their own product in the marketplace...”
