Crop farming has been profitable over the last five years, thanks to high grain prices. Many producers took those profits and invested heavily into their operation, which caused the fixed costs of most farms to increase significantly. These fixed costs include: higher debt levels from financing new assets such as land, buildings and equipment rising […] Read more
Stories by Eric Olson
Farm management in the new reality
The last few years have been extremely positive for the grain sector, but now there’s a new reality. Grain prices have dropped significantly since the summer, and there is no indication that they will rally soon. Projected crop returns for this year are much lower than desired, with some crops projected to have negative returns […] Read more