All told, be very cautious about your expenditures for this year. Try to save on expenses wherever you can. Be extra-careful about new capital expenditures such as machinery, buildings, land and major equipment.
Tag Archives input prices
Shifts in the cash crop economics outlook for 2025
Farm Business Management: The bottom line is, be very cautious about your expenditures for this year
Chemical costs are down — but for how long?
A new report highlights price drops in agricultural chemicals, but rising raw material costs and market volatility could reverse the trend
As the agricultural landscape braces for uncertainty, securing supplies now could be a smart move for the season ahead.
Expect smaller margins for error in 2025
Unless you're growing pinto beans, sharpen your pencils when calculating costs of production
Glacier FarmMedia — As of this writing it’s four and a half months until Canadian farmers will plant their next crop and at least eight months before the next harvest. But as of the middle of December, potential profits from growing grains, oilseeds and pulses are looking grim in Western Canada. “Costs have come down […] Read more
Cash-strapped US farmers switch to generic crop chemicals, in blow to big manufacturers
U.S. farmers struggling with slumping incomes and depressed grain prices have been switching to cheaper generic pesticides and fungicides as they plan for spring planting next year, which market analysts said could hit the bottom lines of agrichemical companies like Bayer.
Feeling the pinch
Uncertainty across commodity and input markets creates difficult choices for farmers
Farmers are facing a tight squeeze this fall. Commodity prices are low, and the lower input prices that they’re used to this time of year are not materializing. Keystone Agricultural Producers president Jill Verwey says it’s a tough time for growers. “Being able to make a profit this year is going to be pretty slim,” […] Read more
Challenges for 2024 cash crop economics
Cash flows must be managed carefully against rising costs and falling commodity prices
As we embark on a new production year, there are several new challenges. A recent Canadian Federation of Agriculture (CFA) report says “the cost of critical farm inputs such as fuel, fertilizer, feed, machinery, pesticides, land and labour has increased dramatically. “When coupled with high inflation, interest rates and a price on carbon for essential […] Read more
FCC predicts drop in farm cash receipts for 2024
Interest rates, inputs costs may come down but farmers urged to sharpen their pencils
FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.
Cyber-Savvy Farmer
