Max Armstrong continues his discussion of insights from David Kohl, professor emeritus of agricultural finance and small business management and entrepreneurship, Virginia Tech University. In this episode, Max discusses Kohl’s look at margin compression. Some sectors of agriculture will experience the challenge of inflated costs that refuse to decline as prices drop below breakeven. The way to power through will be having a strong working capital position, allowing farmers to capitalize on this challenge. And Max offers another topic that will be an issue in 2023.

Max Armstrong's Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.