Back to Basics: Control Costs and Maximize Profits

Department of Agricultural Economics Author
06/11/2021 Added
9 Plays

Description

With: Matt Stockton, Agricultural Economics Specialist; Chuck Burr, Water and Cropping Systems Educator; Julie Peterson, Entomology Specialist; and Sarah Sivits, Cropping Systems Educator (Nebraska Extension) One of the key factors in increasing profits and maintaining productivity is to make great in season input cost choices. Cost minimization without concern for productivity, and productivity without cost control, can lead to either too little production or higher costs resulting in less-than-optimal profits. Making decisions at the margin is one way to make profit-based choices.


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