Keep tabs on costs

Volatile prices, rising interest rates cause concern in farm finance

Janelle Atyeo
Jul 14, 2023
Jul 14, 2023

Ellens-Dave (12).JPG — Dave Ellens checks progress in his corn field near Wentworth, S.D. He’s witnessed rising input costs both as a farm and owner of an ag retail business. Some farmers cut back on their fertilizer programs when prices were high. Now they’re back to “building” mode.
Tri-State Neighbor photo by Janelle Atyeo

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Janelle Atyeo

Independence Day thunderstorms canceled a few parades, but the rain lifted farmers’ optimism for a successful crop.

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Gibson-Taylor (2).JPG — Taylor Gibson of ARM advises farmers to have a good handle on expenses and know what break-even looks like in the current financial environment.
Tri-State Neighbor photo by Janelle Atyeo

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Ellens-Dave (20).JPG — Dave Ellens checks progress in his corn field near Wentworth, S.D. July 6.
Tri-State Neighbor photo by Janelle Atyeo

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Farming is a business

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Janelle is editor of the Tri-State Neighbor, covering South Dakota, southwestern Minnesota, northwestern Iowa and northeastern Nebraska. Reach her at jatyeo@tristateneighbor.com or follow on Twitter @JLNeighbor.