Finding ways to reduce 2019 production costs
Iowa growers face another year of tight crop profit margins — a product of large crops that exceed demand. Managing input costs and market prices will be the key to staying in the black this year, predicts Steve Johnson, Iowa State University (ISU) Extension farm management specialist.
“Cash flow projections are about as tight as we’ve ever seen them,” says Johnson. He cites the release of ISU’s 2019 crop cost estimates in mid-January, which show production costs In Iowa will...
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