GFM Network News

Technology troubles in the agriculture sector

Human nature and the cycle of technology adoption affects commodity price cycles

Today, we are in the middle of an agricultural downturn. Just a few years ago, the production agriculture sector was booming, along with most input suppliers. Now, net U.S. farm income has fallen 81 per cent and the near-term prospects are not positive. Production agriculture has been through this phenomenon many times in the past,