“Agriculture is more productive than we have ever been. However, on average our farms and ranches are no more profitable than they have ever been,” Dallas Mount wrote in a recent blog titled, “Productive But Not Profitable.”

Perhaps this is due to the strong and successful message that agriculture must become more productive to meet the demands of the population, but Mount suggested the focus has been placed on the wrong aspect. In fact, as agriculture has increased its productivity, the reality is that “most farms and ranches operate at a loss more often than they make a profit...