MID-WEST FARM REPORT - MADISONMID-WEST FARM REPORT - MADISON

Time To Get Back To The Basics of Farming

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This year has brought a lot of grief for Wisconsin grain farmers and unfortunately it looks like it may not get better soon. Paul Mitchell the director of the Renk Agribusiness Institute at UW-Madison explains how a lot of things are working against grain farmers leading to net negative incomes for the year. The low prices and rising input costs are looking to continue into 2025 and there is no sign of an upwards turn in the future yet. During this possible agriculture industry recession Mitchell says that farmers are going to need to be creative with how they save money including renting out or selling land, buildings, and equipment. 

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