INPUTS
As you begin to rein in production costs, big ticket items such as fertilizer naturally get a lot of scrutiny. Now’s the time to think through how you’ll best allocate available dollars for nutrients.
USDA’s Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Economists say the net farm income picture would look even worse it weren’t for improved livestock prices.
Property insurance costs for farmers and ranchers have been increasing, driven by several factors, including climate change, market conditions, and rising production expenses.
From a pragmatic approach to purchasing new technology to making more of the buying decisions on the farm, there are some interesting trends transpiring as more Next Gen farmers identify as an owner/operator on their farm.
The Senate Committee on Ag, Nutrition and Forestry held the first 2023 Farm Bill hearing in early May. Hearing attendees agreed the 2023 Farm Bill should echo elements in the current bill and address new topics.
Adjusting the rate of seed, fertilizer and pesticide row by row and even foot by foot across a field deserves a brand-new name: variable-input technology.