Grain farmers are feeling the pinch these days as prices are down and inputs remain relatively high. Those most at risk may be younger farmers with higher debts. While many beef producers see themselves at the opposite end of the spectrum, today’s lessons for grain farmers could be tomorrow’s lessons for beef producers.
Virginia Tech economist Dave Kohl recently revealed the characteristics of young farmers who are at the greatest risk as we enter the grain-price downturn.
To read Kohl's advice for beef producers, click here.
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