SEGMENT: CHANGES IN FARMING METHODS, FARM BUSINESS, & CROPS
Dr. Marilyn Nash>LPL Interviews N-Z>LPL Interviews K-Z, Segment 1
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- Mr. Nelson discusses relationship between corn prices, consumer demand, & ethanol production. Demand is key. The average yields have increased dramatically. There needs to be more uses of corn, whether it is feed, ethanol, or food. Government also plays a role.
- CHANGES IN FARMING METHODS
- There has been a major change in farming efficiency (increased bushel yields, shorter time for raising livestock). The machinery in agriculture have made working much more comfortable.
- FARM BUSINESS
- Phillip says for his son to be successful in agriculture a college education is critical, but also needs some sort of financial field and international trade. He sees a very bright future for farming in Illinois. More marketing opportunities. The family farm is going to change.