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
The National Farm Machinery Show is underway in Louisville, Kentucky, bringing together the latest in agricultural equipment, technology, and innovation. Here are some highlights from the trade show floor so far!
Specialty Crops Acreage Reporting Deadline for 2025 is March 13
Livestock Conservancy Senior Program Manager Jeannette Beranger explains the upcoming poultry census and ongoing efforts to preserve rare and heritage poultry breeds raised across the U.S.
Ag Committee Chairman Rep. Glenn “GT” Thompson has referred to the proposal as “Farm Bill 2.0.”
In the U.S. and Canada, reduced planted acres—not yield losses—led to a decline in potato production, while Mexico saw modest gains due to increased yields and harvested areas.
