Episode 68: Paul Mitchell - The Economics of Farming in a Volatile Market Environment
Description
Due to a variety of factors, 2021 and 2022 have seen significant increases in both commodity prices and farm input costs. In this episode, we discuss this market volatility with ag economist Dr. Paul Mitchell, who also offers advice for farmers to maintain or even increase profit margins in a challenging marketing environment.
Dr. Mitchell is director of the Renk Agribusiness Institute at the University of Wisconsin – Madison and a faculty member in the Department of Agricultural and Applied Economics. His research focuses on the economics of crop production, emphasizing pest management and risk management for commodity crops, and specialty crop economics. You can learn more about Dr. Mitchell on his web page: https://aae.wisc.edu/pdmitchell/. His extension page has resources to help with farmer decisions: https://aae.wisc.edu/pdmitchell/extension/. If you are interested in learning more about the Renk Agribusiness Institute, please visit: https://renk.aae.wisc.edu/
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