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Protecting pork profitability

Pork producers are seeing some profitability in 2024, and a risk management firm says producers should protect their profitability. Dustin Baker is with Commodity and Ingredient Hedging. “We’ve learned over time that producers need to be looking at their operation holistically and understanding you...

Ag lenders preparing for continued farm profitability declines

A recent survey of ag bankers finds credit quality is their top concern as producers face lower net farm incomes. American Bankers Association’s senior director of research Tyler Mondres tells Brownfield, “Despite the fact that there is an expectation for credit quality to weaken...

How to maximize profitability in a tough ag economy

A market development agronomist at WinField United says growers should use a whole-acre approach to maximize their yield potential in the tough ag economy. Isaac Anderson says farmers should be cost aware. “Having a comprehensive plan creates predictability,” he says. “When we’re in a...

Purdue researcher digs into crop farm profitability

Ag economist Michael Langemeier with Purdue University has been digging into a University of Minnesota database to look at the low farm profitability of crop farmers and the financial stress that creates on the farm.  The post

Precision Conservation Management benefitting farm profitability

The operations manager with Precision Conservation Management (PCM) says data generated by the program is impacting farmer’s profitability. Clay Bess, who’s based in southeastern Illinois, says tillage practices matter. “Anything more than a couple passes of tillage does not return on the bottom line...

Dry beans offer profitability amid low commodity prices

The Michigan Bean Commission Executive Director says solid prices heading into harvest have been beneficial to dry bean growers. Joe Cramer tells Brownfield, “Mexico’s drought gave us an opportunity to move a lot of product into that export world, and so our values came...

Sticking to the Profitability Playbook

Illinois corn farmers are feeling the pinch of lower commodity prices. That’s why the Illinois Corn Marketing Board is focused on expanding corn demand. Farmers have seen commodity prices decline rapidly over the past year.  Rodney Weinzerl, executive director of the Illinois Corn Marketing...

PTI research shows high yield management brings consistent profitability

The lead commercial agronomist with Precision Planting says managing for high yields is the best way to increase farm profitability. Jason Webster says their research conducted at the PTI farm, outside of Pontiac, Illinois, has been consistent. “My high yield corn and soybeans are...

Illinois Soybean Association focused on profitability and production

The chairman of the Illinois Soybean Association (ISA) says the organization is focused on farmer profitability as it recognizes its 60th year. Ron Kindred, who farms in Logan County, says soybean growers are facing many challenges on top of declining commodity prices. “The dicamba...

Using soybean biotechnology to advance profitability

Advancements in technology are allowing farmers to advance their operations. Kyle Kunkler, the director of government affairs for the American Soybean Association says new soybean biotechnology innovations will soon be hitting the market and talks about how this can benefit farmers. The post

IFB encourages mental health awareness as farm profitability wanes

Top officials with the Illinois Farm Bureau say profitability concerns are bringing increased awareness around farmer mental health. President, and Ogle County farmer, Brian Duncan tells Brownfield… “As we look at depressed commodity prices, wondering where the relief is insight, I think we do...