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The Squeeze: Strategies For Surviving the Financial Squeeze in a Downward Farm Economy
Manage episode 448350076 series 3550832
XtremeAg द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री XtremeAg या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
As 2024 unfolds, the agriculture industry faces what could be the start of several tough financial years, with farm economics taking a stark downward turn. For many in agriculture, the strains of high input costs, inflated machinery prices, and soaring interest rates are hitting home. What do these economic realities mean for the future of farming? And how does this period compare to previous downturns in agriculture?
In this episode, seasoned farmer Matt Miles joins host Damian Mason to explore the impact of economic pressures on the ag industry. They’re also joined by Steve Acker, CFO of Concept AgriTek, who shares insights on variable pricing programs for 2025, where input prices adjust based on farmers' commodity revenue—a potential game-changer in managing costs. Tune in for a candid discussion on practical strategies, financial adjustments, and survival tactics to weather the challenges ahead.
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