Tag: labor costs
USDA Report Shows How Farm Labor And Land Costs Have Been Replaced By Purchased Equipment, Inputs Feb 15, 2023
U.S. farm output-the total amount of livestock, crops, and other farm-related outputs produced in a year-tripled in the seven decades from 1948 to 2019. At the same time, the total […]
4 Macro Factors Impacting the Agricultural Economy Feb 9, 2023
What is the state of the U.S. economy? What is the threat of a recession? How will these macro factors impact the agricultural economy? Your farm is being impacted by […]
US Price Inflation – Focus on Labor’s Role Jan 12, 2023
This article examines US consumer price inflation and unit cost of labor since 1952. Labor has drawn increasing attention as a factor in the current high US inflation rate. During […]
Interest Rate Increase? How Farmers May be Calculating the Cost Sep 16, 2015
Now that we’ve been firmly back in the universe of abundant crops and low crop prices for a while, it seems that free storage and delayed pricing programs are a […]