Looking at crop input price increases and how they are impacting producers’ profitability, the latest increases are reported by the Agricultural and Food Policy Center at Texas A&M.
These numbers are calculated by estimating costs across the country using several producer surveys.
Most farmers will see a loss in net cash income compared to last year; however, they should still come out profitable as they can sell for higher prices.
Related:
Input prices could cause crop acres to move from corn to soybeans
How producers can navigate through high input costs
Watching crops grow and profit margins shrink
