Costs, costs, costs. Any business has to contend with them in order to manufacture a healthy bottom line. Farmers are no different. As a result, Rabobank, one of the largest banking concerns in the world, is hedging its bets for farm prosperity in 2009.
The giant worldwide bank, headquartered in the Netherlands, is a significant player in U.S. agrifinance, and has issued its annual "North American Food & Agribusiness Outlook." The report's bottom line: Inputs will continue squeezing farm margins.