Sep 9, 2014
blog

Pay attention to FSA farm program information 1

There have been several reports of the data on some FSA units not being accurate, due to changes in FSA farm units that occurred in the past five years. It is very important for farm operators and land owners to review this data, and to report any data that is not accurate the local FSA offices by September 26. This data will be used in the coming weeks for decisions on base acre reallocation and updating FSA payment yields on each FSA farm unit....More
Sep 8, 2014
blog

Profit margin compression, part 3 – Price reality 1

Inflation, while benign in the general economy, has been running full steam ahead in input and operating costs in the agriculture industry ranging anywhere from 5% to 10% annually. Combine this with increases in real estate taxes and the fixed cost component of equipment and machinery, and one can quickly observe how profit margins have quickly disappeared with lower commodity prices....More
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