Local Farmer Ron Moore Comments on Outside Influences as Input Costs Rise

Share

With the anticipated rise of interest rates another 75 basis points and as input costs continue to increase and stay that trend until recession is slowed down and back to a normal GDP growth of one or two percent, American Soybean Association Director Ron Moore says it is not ideal as historically farmers see a two and a half to three percent return on investment:

Moore states the margins keep get narrower as inputs get higher.

Spread the word

Trending Now

Featured News Podcasts

Subscribe to our Community Newsletter

By submitting this form, you are consenting to receive marketing emails from: Prairie Communications, 55 Public Square, Monmouth, IL, 61462, https://977wmoi.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Choose a Category

Continue Reading

Financial Freedom: A Gift to Your Family

Here’s a sobering statistic: 72% of retirees say one of their biggest fears is becoming a burden on their families, according to a study by Edward Jones and the consulting

Don’t Be the Cause of a Power Outage

As outdoor party season is here, Public and Media Relations Manager with Ameren Illinois, Brian Bretsch, reminds folks of safely using Mylar balloons, more commonly known as party foil balloons,

Tips for Handling Door to Door Solicitors

The weather is warming up, which means door to door solicitors will be out and about. Monmouth Police Department Investigator Josh Kramer reminds homeowners of not providing them with personal