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 Farm profits dropping

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PostSubject: Farm profits dropping   Wed Apr 01, 2009 9:31 pm

Farm profits dropping

Survey: Net decreases top 30 percent mark

BY TERRY O’KEEFE
Public Opinion Staff Writer

Results of a farm management program survey that tracks year-toyear
profitability of farmers and ranchers in eastern South Dakota indicate the average farm operation saw a significant drop in net profit between 2007 and 2008.

Watertown Public Opinion
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PostSubject: Re: Farm profits dropping   Thu Apr 16, 2009 1:16 pm

remember this article refers to 90 farms that are in a certain program, not a comprehensive survey of all farms. The farms in the program probably represent farms with particularly tough economic factors and so have come to the program to find the best solutions and do the best possible job of financial managment. I hope they all have a better year this year, although spring is late so far, heat units and good rains and good prices can make a difference. Farming is risky business and takes guts.
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PostSubject: I am very concerned   Thu Apr 16, 2009 9:32 pm

The mainstay of our economy right now is agriculture.

If you listen to what is being said in Washington D.C. you will hear things like we need year around school because we are no longer tied to agriculture.

I have also heard that there is a movement to stop farm subsidies so that we can support city entitlements.

We will have to watch what happens in Washington, D.C.
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