A group of leading ag economists is projecting strong net farm income for the next couple of years. In light of fuel and fertilizer expenses, they say strong commodity prices could lead to positive income levels moving forward.
Dr. John Kruse with the University of Missouri’s Food and Ag Policy Research Institute spoke with RFD-TV’s own Suzanne Alexander on his predictions, how fuel and fertilizer may play a factor, and possibilities in the export markets.
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Even with historic commodity highs, input costs and inflation may hurt producer profits this year