Farmers could see a plateau in the next decade

Farmers could see a plateau in the next decade

Farmers could see a plateau in farm
income over the next decade.

Purdue Extension Director Jason
Henderson says this is part of the traditional agriculture cycle.

“Traditionally, we go up in terms of a boom, we hit a downturn, and then we usually get a decade of a long plateau in terms of profitability,” he says.

He says the thin profit margins may lead farmers to consolidate or diversify their operations.  

Continue reading Farmers could see a plateau in the next decade at Brownfield Ag News.