The Area's Farm Economy Harvests the Growth; Farmers, Related Businesses Find Success, Concerns About the Future

Summary

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A year of exceptionally strong commodity prices has pumped vitality into the local farm economy, but farmers and the businesses that depend on them wonder what is around the corner.

Already, grain, cattle and milk prices have come down from impressive highs earlier this year. In 2003, beef cattle prices hit record highs, and milk prices set a record earlier this year.

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The Area's Farm Economy Harvests the Growth; Farmers, Related Businesses Find Success, Concerns About the Future

"I would say, in general, 2004 was a good year," said Steve Johnson, a farm management specialist with Iowa State University Extension. "I think we're going to see a lot of variability in farm income in northeast I...

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