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Wisconsin farmer: profitability hinges on input costs
Heading into the New Year, a west-central Wisconsin farmer has one question on his mind.
“How do we remain profitable?”
Tony Mellenthin says it’s a tough thing to do in the current environment.
“Input prices have not relieved the pressure at all, even though our commodity prices have gone down.”
Mellenthin says he makes the best decisions for his farm by evaluating farm data and knowing where to cut back without hurting yields. He says that also requires good communication with input suppliers.
“To be open about the the price pressures that we’re seeing and that competitiveness. Looking for competitors for other offers is something that is probably going to happen.”
He says there’s not a lot of fluff costs left for farmers to cut, which makes efficient input decisions important.
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