Shifting from high carbon-emitting farming practices to ones that lessen emissions should be a goal sought by policymakers," says Mark Heckman, farmer and ethanol services director at EcoEngineers.
Farmers can take measures to alleviate financial pressure caused by an inflationary spiral that is affecting bottom lines.
Farmers that need to borrow money should do it now on a fixed rate, not an adjustable one, economist says.
The black ink has all but erased the bad old days of 2020 brought on by the pandemic-induced cutback in liquid fuel use that befell the industry.
Industry enjoys a rebound in profits.
Since the laws surrounding retirement and tax laws change over time, advisors recommend farmland owners regularly update estate plans.