MONROE (AP) — Economists at the LSU AgCenter say falling future prices for farm commodities combined with the high cost of fuel and fertilizer and the leftover effects of Hurricanes Gustav and Ike will put Louisiana farmers in a bind this year. Kurt Guidry, an LSU AgCenter economist, says many producers are finding themselves in financially sensitive positions because the 2008 hurricanes caused lost revenue and the cost of fuel and nitrogen fertilizer remains high.——Contact the news staff at [email protected]
Louisiana farmers face tough times in new year
By The Associated Press
February 1, 2009