by Ben Nuelle LISTEN: Money Matters 7-29-16
Farmers will brace themselves for losses for the third year in a row. An Ag advisory company has a few solutions to fight tough times ahead.
Rabobank, an agribusiness advisory group recently conducted a study called ?Farming the Efficient Frontier.?
Sterling Liddell is a senior analyst with Rabobank.
?Economics of producing a crop a quite negative right now with returns very much in the red for most acres across the Midwest and most of the U.S. That?s not just the situation with corn and soybean farmers but general with row crop farmers across the U.S.?
Liddell says something has to change for long term sustainability for these businesses.
?One of those key things that needs to change is rental values needs to come down. That is one of the key takeaways is that there needs to be a decrease in rental values to where we see prices going in the future.?
He sees corn staying below four dollars for quite some time.
