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Finding profits in tight profit margins
Profit margins are always tight for farmers, with some years feeling tighter than others. However, there’s almost always a way to look through those margins and find the best profit levels possible. Chad Hart, Iowa State University professor of economics and ISU Extension and Outreach grain markets specialist, said both corn and soybeans are near the break-even prices this year. While it’s likely that plenty of grain will be sold soon due to the recent market rallies, Hart said that farmers...