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
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • Fines for Fringe Benefits A little-noticed rule in the Affordable Care Act could impose huge penalties on small business. I...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Woodbury: Farm Family Business
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Farmland Outlook
Minding Ag's Business
Finance Outlook
Iowans to Favor ARC?
Woodbury: Farm Family Business
Minding Ag's Business