NEWS
Break Down Break Evens
Thu Nov 14, 2013 11:47 AM CST

The gravy train may be pulling out of the station. USDA forecasts net farm income will be nearly $121 billion in 2013, second only to the record set in 1973. But breakevens are narrowing, as income levels moderate and input costs rise. Economists warn that will require you to be even more diligent to effectively manage risk and protect profitability.

"Analysis of crop budgets suggests shifting market prices could dramatically alter U.S. returns," says Mike Boehlje, Purdue University agricultural economist. "FAPRI [University of Missouri Food and Agricultural Policy Research Institute] estimates that ...

Quick View
Related News Stories
Ag Interest Rate Snapshot
CP Railway Logs Record Q3
Canadian Pacific Ends CSX Deal Talks
Minding Ag's Business
Minding Ag's Business
STB Likely Cautious on Rail Mergers
Woodbury: Farm Family Business
Hoosier State Co-op Power
Sources: CP Sought CSX Merger