Bloated Expenses Weigh on Profits

Costs Fail to Match Plunge in Revenues

Elizabeth Williams , DTN Special Correspondent
KSU economist Allen Featherstone worries that his state's farm incomes reflect more stress than USDA's national forecasts, in part because grain producers have failed to slash production costs enough to meet revenue shortfalls. (Source: KSU)
Back-to-back years near or below break-even could set stage for land sales and downsizings for grain borrowers in 2017.

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Elizabeth Williams