National Ag News
Farmers will need to continue to adjust
Jan 2, 2018, 16:43 PM
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System
An ag economist with Purdue University says farmers will have to continue to adjust to tight margins this year.
Chris Hurt says this is the fifth year for the downward trend in farm income.
“And you know that by looking at the price of corn,” he says. “The price of corn for the 2017 crop, the USDA says, is $3.20. That’s the lowest price in eleven years.”
He tells Brownfield historically adjustment periods last 5-7 years, and he expects improvement within the next two years.
Continue reading Farmers will need to continue to adjust at Brownfield Ag News.
