BILLINGS, MONTANA (RFD NEWS) — New analysis is shedding light on how rising input costs—particularly fertilizer—are impacting America’s wheat growers and their bottom line.
According to new analysis of National Association of Wheat Growers data by Western Ag Network’s Russell Nemetz, tariffs on phosphate fertilizer have contributed to higher costs for producers, with impacts dating back to 2021.
According to Nemetz, the data underscore how elevated input prices are tightening already-thin margins across wheat country.
The report finds that higher fertilizer costs are not only affecting current profitability but could also influence future planting decisions as growers weigh input expenses against potential returns.
Industry leaders warn that U.S. wheat producers are facing increasing pressure to remain competitive in a global market where other countries may have lower input costs.
The findings also raise broader concerns about long-term sustainability for wheat operations, particularly if elevated fertilizer prices persist.
Read the full report:
Falling feed costs and strong demand for butter could be good news for dairy farmers looking to get their finances back on track.
November 03, 2023 12:38 PM
·
Researchers out of the United Kingdom are using gene editing technology to help make High-Path Avian Flu less of a threat to poultry.
October 12, 2023 12:38 PM
·
To mark the end of National Chicken Month, we take a look at how the U.S. poultry industry is making a slow and steady recovery following the widespread outbreak of High-Path Avian Flu (HPAI) in 2022 that devastated commercial flocks across the country.
September 29, 2023 02:44 PM
·
Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
September 21, 2023 11:02 AM
·
Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
September 13, 2023 02:07 PM
·
Researchers at the Boyce Thompson Institute have constructed the perfect watermelon—returning “lost” genes from the domesticated fruit’s wild relatives that improve both taste and resilience during the growing process.
August 14, 2023 03:31 PM
·