New Rabobank Study Says Farmers Need to Manage Costs Aggressively to Up Their Odds of Economic Survival

Years of negative margins have U.S. row crop farmers facing a bleak outlook, and Rabobank believes farmers must lower operation costs in order to survive.  A new report—Farming the Efficient Frontier: Crop Efficiency, Not Volume, Will Drive Future Financial Performance—by the Rabobank Food & Agribusiness Research and Advisory group, which reviews the current costs of inputs and land and the projected supply and demand of commodities, explores the outlook for U.S. farmers.  The findings show the need to adopt efficiency-driven, rather than volume-driven, strategies in order for farmers to maximize profitability in an environment of lower commodity prices and high seed and input costs.