Arkansas Agriculture Edition 25 : Page 9
only exempts the first $50,000. That often is only the equivalent of 10 percent of machinery costs.” Pace agrees. “Starting a logging operation today costs around $1 million. The high cost of fuel, insurance and equipment make it very challenging to survive. Profit margins on logging jobs are small due to these high costs,” he said. King says Arkansas Farm Bureau will also work to maintain voluntary best management practices in Arkansas and help protect private landowner rights. Pace says it’s a big, wide world out there, and it’s important to get the product out to the changing markets in the U.S. and worldwide. “Doing it the way daddy or grandpa did it just doesn’t work anymore,” he said. And it’s a little more complicated then what you see on some TV show. Keep on truckin’ A load of logs doesn’t necessarily go to the local mill anymore. Raw logs are often trucked to other states or shipped overseas for processing and return to the U.S. as finished products. LARRY R. FROELICH ATTORNEY AT LAW 200 W. Center, Suite 10 Fayetteville, Arkansas 72701 WE REPRESENT FARMERS A Stitch in Time Saves Nine STATEWIDE PRACTICE Michael C. Lea Associate Counsel Edison Froelich Agricultural Economist 479-521-3939 501-707-4048 Get real answers . One thing will always be true about farming: Conditions change. From weather, to soil, to technology, you have a lot to keep up with. Thankfully, you’ve got real insurance that keeps up with you. If there’s anything you need to know, just call us. You’ll always have questions. Your local Farm Bureau Insurance agent always has answers. ARMLPR41120 Smart Chevrolet 515 W 5th, Pine Bluff 870-534-8122 www.smartdrive.com www.afbic.com Farm Bureau Mutual Insurance Co. of Arkansas, Inc. Southern Farm Bureau Casualty Insurance Co. Southern Farm Bureau Life Insurance Co., Jackson, MS Arkansas Agriculture 9
