The case of the disappearing dollars
Farmers watch profits shrink as fuel, fertilizer costs keep rising
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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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