The farm economy has several challenges ahead. Economists with Ag Economic Insights say tight margins are likely to continue and warn it will take some cost cutting to find profitability again.
“At this point, it’s a little unclear how much of the cost cutting is going to come out of the variable cost, the things that e get price sheets for, how much of it’s going to come out of the things that we do around the home, homesteading our family living, or machinery, or cash rents in our farmland values,” said David Widmar.
While there is likely a rocky road ahead, farmer sentiment is up. Economists with Purdue University say the Ag Economy Barometer rose 11 points last month. However, the report showed little change in how producers feel about the future prospects.
What is the Porcine Epidemic Diarrhea Virus (PEDV)? How does the virus affect hog health and the pork industry? Here’s what producers need to know.
March 17, 2014 02:37 PM
·
Researchers now have new technology to help gauge what healthy cattle eat and how farmers can limit their feed costs, which can be expensive.
March 05, 2014 03:33 PM
·
Dairy cows produce more milk for heifers than for baby bulls, according to new research from Kansas State University and Harvard University.
March 04, 2014 11:43 AM
·
Schools around the country will soon have to eliminate any posters or billboards advertising unhealthy snacks on campus.
February 26, 2014 11:03 AM
·
The use of ultrasound may make growing beef more efficient.
February 20, 2014 06:21 PM
·
One of the job categories in agriculture facing a talent shortage is agronomy.
February 14, 2014 04:14 PM
·