FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Fri Jun 21, 2013 08:34 AM CDT

Soybean farmers like Ron Moore of Roseville, Ill., say their biggest challenge is juggling the cost balancing act -- trying to offset rapid increases in production cost with slower increases in productivity. That's a nationwide predicament: A typical grower in southwest Minnesota spent $11.75 to grow a bushel of soybeans in 2012, up from a mere $4.55 per bushel in 2005, according to the state's farm business association records.

Sudden affluence in the farm community the past few years encouraged growers to spoon feed every acre. "When soybeans were $14 or $15, it was pretty easy to justify a $15- ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Klinefelter: By the Numbers
Ag Interest Rate Snapshot
Senior Partners - 3
Rates Too Low Too Long