Earlier this year, Farm Press and BASF put together a Survival Strategy Summit to examine the current state of the agricultural economy in the Mid-South. The Summit was held in conjunction with the Mid-South Farm and Gin Show.
During the summit, 16 producers from Arkansas, Louisiana, Mississippi, Missouri and Tennessee discussed how their operations fared in 2015 and their plans for dealing with the low commodity prices that were being offered for the 2016 crops.
Their comments covered a wide range of topics from the impact of unusual weather patterns last spring to the high costs of seed and crop protection chemicals to the cash rents currently being charged by landlords. They allowed their remarks to be recorded to help others gain a better understanding of the economic climate.
Two of the panelists had grown 50 crops each prior to 2016, and two are just beginning their farming careers. Those in between have experienced a number of ups and downs on their operations, including one who left farming for several years before returning to it in 2015.
Elton Robinson, former editor of Delta Farm Press, moderated the discussion.
To view the Survival Strategy Summit in its entirety, visit https://youtu.be/P2e87ytyX24.