February 12, 2018
Wendong Zhang, assistant professor, was interviewed by Jennifer Coyne from the Dairy Star for an article comparing current farm conditions to the 1980s farm crisis.
“We’re in a time of a downturn, but not a crisis,” Wendong Zhang said. “Today, it takes effort to manage costs and maintain working capital, but it is not impossible.”
“On average, agriculture tends to be a break-even business. Don’t be average, but be at the top 30 percent of the curve,” Zhang said. “Be careful with your management and cost of production, and take advantage of ag marketing and prices when they become available.”