Monday, March 23, 2015

Don't put all your eggs in one basket?



    Diversification in business is normally a good thing. If one portion is underperforming another should provide returns to the bottom line.
    With todays prices for agricultural production it shows losses for Corn, Soybeans, Pork, Beef, and Dairy.  Fortunately previous years profits are  helping farmers get through this tough time, but who wants to lose all their equity that has come from hard work.  We will go to the fields soon and plant the crops with the hope that prices recover but are also trying to prepare for the worse.
   It seems like carrying any basket of eggs (or farm products) will be a challenge for the farmer this year.  I am still optimistic long term and am glad for the problems we have here.  Our problem now is too much production but a much worse problem is little or no production.  Do what you can to support the less fortunate.  www.foodsresourcebank.org
     

                                                                                      Serving together,  Dean

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