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Senior Contributor
Jim Meade / Iowa City
Posts: 385
Registered: ‎07-22-2010
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How to get ahead in (Kansas) farming

Kansas State University conducted a 10 year study to see what factors resulted in profitable farming.  They concluded that getting top prices was not a high priority because it was not something farmers could replicate or control.  Instead, they say "...farm size, cost management and technology adoption are key drivers of profitability differences between producers."

 

http://www.agmanager.info/crops/prodecon/production/MAC_Winnipeg(Dec2010)_DhuyvetterPaper.pdf

 

"...producers should focus their efforts on those areas that impact profitability and are persisent (i.e., where my management efforts can have an impact). Over time, differences in profitability are driven principably by cost and yield differences, with cost being the more important of the two."

Subject Author Kudos Posted
This is a topic with new unread messages 0 ‎01-02-2011 09:37 PM