It’s an expensive time to be a farmer.
Growers are feeling a pinch in their pockets this year. The reason? The rising cost of operating expenses—fuel, fertilizer, seeds and other inputs—that are required to grow their crops. Supply chain snags, the war in Ukraine, and inflation are to blame, they say.
“It’s very costly right now,” said Christie Wilson, a life-long farmer based about 20 miles west of Columbus, Ohio. “It’s unlike anything we’ve ever seen because there are so many outside factors contributing. There isn't really one thing, but a combination of everything; it's just all hit at the same time.”
Wilson was raised on a dairy farm. She and her husband began farming grain together when they married in 1984. Now the couple and their son partner to manage 6,000 acres of land across five counties in central Ohio.
Wilson has meticulously tracked the family farm’s finances for decades. A few years ago, she moved her accounting into a cloud-based software tool called Traction Ag, which is powered by AWS. It allows her to have a view of the farm’s productivity from anywhere in the world, tracking costs and margins down to a field or even a single bushel, in real-time.
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