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Analyze Cost of Production Before You Hit the Fields

April 8, 2014
By: Sara Schafer, Farm Journal Media Business and Crops Editor
Planter planting2
  

Trying to predict what the markets will be can be stressful. But, those prices will ultimately impact your bottom line.

Chris Barron, Top Producer margins expert, says farmers should focus on increasing bushels produced this season. "If you can get the bushels up, it will fix a lot of mistakes on your marketing," he says.

Power HourNo one knows which way the markets will go. But, he says, you can know where you’re at in terms of input costs.

Learn more with this clip from AgDay:


"The prospect of tight margins for many grain producers has created considerable anxiety," Barron says. "Much like a sports team with several years of winning success under its belt, producers have had a similar level of success."

Related story: Plan for a Winning Season


 

Read and watch more Top Producer Power Hour news and videos.


 

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