Rising input costs and low commodity prices are causing cash flow challenges. “The yields were pretty good in 2018 for farmers, but the price outlook is still tough,” explains AgCentric Farm Business Management Instructor Josh Tjosaas. “Expenses aren’t going down, they’re going up.” Tjosaas tells farmers to look for ways to save on input costs, including shopping around. Some farms are restructuring. “Farmers can also consider better ways to market crops,” he says. “Picking up five- to-ten cents per bushel can be the difference between making a profit or losing money.”
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