The case of the disappearing dollars

Farmers watch profits shrink as fuel, fertilizer costs keep rising


July 28, 2022

By Trista Crossley

Editor, Wheat Life

With wheat prices hovering north of $10 per bushel, wheat growers may look like they are doing pretty well, but appearances can be deceiving as rising production costs keep eating away at producers' profits.

According to U.S. Department of Agriculture (USDA) estimates, total U.S. production expenses increased 5.5 percent from 2021 to 2022, on top of an 11.5...

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