Tuesday, January 27, 2009

Id Farm Bureau Commodity Conference 2009

video

Boise--Idaho Farmers are looking for ways to cut costs in anticipation of a very tight 2009 season.

Last year’s bigger increases came from the cost of nitrogen fertilizers and fuels, which affected the cost of beets, onions, potatoes, corn and beans.

The good news is that the inputs are not expected to increase at the same magnitude as last year. Other inputs like phosphorus and potassium, seed genetics and some herbicides will cost more, so the cost of putting in a crop is projected to increase .

Danny Ferguson of the Idaho Farm Bureau Commodities Committee says fellow farmers must save and market in areas they can control...like transportation. He says consolidating transportation costs may hold the key for greater efficiency in the coming years.

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