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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“There is a lot that I have to learn on this and if confirmed this will be... one of the very top priorities.”
The farm sector heard key priorities from USDA Secretary nominee Brooke Rollins during her confirmation hearing before the Senate Ag Committee.
