9.3 Tips: Preparing for Round-Four of the Great Margin Squeeze
By Brent Gloy and David Widmar.
(Brent and David originally wrote this piece for the December issue of Successful Farming, available here.)
The frustrating realization that 2017 will likely be another difficult financial year for producers has begun to set in. After three years of falling net farm income and negative budget conditions for corn and soybean production throughout the country, 2017 is setting up to look like Round Four of the Great Margin Squeeze. In light of this, we offer 9.3 tips for planning and preparing for 2017.