production

High Production Costs Won’t Ease Next Year

Dan Corn, Cotton, Economy, Field Crops, Peanuts, Soybeans, Specialty Crops, Wheat

USDA’s first cost of production forecast for major field crops like corn, soybeans, wheat, cotton, rice, and others shows that input costs are expected to remain elevated into the next growing season. The costs will likely be at the third-highest level of all time and only slightly lower than the record high in 2022. While some input costs like fertilizer …